Page 4 - Joe Acosta News Today : Breaking News, Live Updates & Top Stories | Vimarsana

confidence back and let people know that the bank does have things under control. just so you know, jpmorgan shares were up more than 1% ahead of the opening bell. alison, thank you. here s why the jpmorgan story matters. it s the nation s largest bank, and a stock that s likely in your 401(k). plus, the shadowing world of derivatives almost brought the financial world to a collapse just a few years ago. christine romans is joining me now with more. all of those reasons are why so many people are looking at what might be deemed as a business story and saying this is a story for everybody, right, carol? this is a trading los that happened right under the nose of what was thought to be the smartest banker in the room, jamie dimon. and the loss showing that even from the very beginning, when he first said it was a tempest in a tea pot. and now it s $5.8 billion. and really the period is not on the sentence yet. we ll have to see how the rest of the trade is unwound. $5.8 b

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