Standard & Poor’s revises JPMorgan outlook to negative – Reuters
 Telegraph.co.uk |
Standard & Poor's revises JPMorgan outlook to negative
Reuters | NEW YORK May 11 (Reuters) – Standard & Poor's Ratings Services on Friday revised its outlook on JPMorgan Chase & Co. and its banking subsidiaries to negative from stable, citing the bank's disclosure of a $ 2 billion trading loss, the result of a … Fitch downgrades JPMorgan Chase & Co. JPMorgan is embarrassed, but not endangered JPMorgan $ 2 billion loss hits shares, dents image |
