JPMorgan posts loss on $9.2 billion legal bill – USA TODAY
New York Times |
JPMorgan posts loss on $ 9.2 billion legal bill
USA TODAY JPMorgan Chase posted a $ 380 million third-quarter loss as the nation's largest bank set aside $ 9.2 billion for legal fees and settlements, admitting it had underestimated the seriousness of its problems with regulators until only a few weeks ago. Excluding … JPMorgan Reports Quarterly Loss as It Grapples With Legal Woes The Legal Monster Destroys JPMorgan's Profits UPDATE 6-JPMorgan posts first loss since 2004, a blow to Dimon |
