WASHINGTON — The $2-billion trading loss at JPMorgan Chase & Co. rekindled fears about the stunning risks still being taken on Wall Street, reviving demands for tougher financial rules and calls for the nation's biggest banks to be broken up.
Sunday, May 13, 2012
JPMorgan's $2-billion loss renews calls for tough financial rules
JPMorgan CEO Jamie Dimon was Wall Street's most visible opponent of stricter federal oversight. His bank's spectacular trading loss could damage his influence in that area.
WASHINGTON — The $2-billion trading loss at JPMorgan Chase & Co. rekindled fears about the stunning risks still being taken on Wall Street, reviving demands for tougher financial rules and calls for the nation's biggest banks to be broken up.
WASHINGTON — The $2-billion trading loss at JPMorgan Chase & Co. rekindled fears about the stunning risks still being taken on Wall Street, reviving demands for tougher financial rules and calls for the nation's biggest banks to be broken up.
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