![]() New York Times |
JP Morgan, Wells Fargo, China in spotlight
MarketWatch JP Morgan Chase & Co. (US:JPM) reported a $ 5 billion second-quarter profit despite a $ 4.4 billion loss on synthetic credit derivatives and said it would restate first-quarter earnings due to a “material weakness” in internal controls over financial … JPMorgan may have concealed key losses Banks lead stock surge US investigates whether JPMorgan traders hid losses |