Jpmorgan Note News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Jpmorgan note. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Jpmorgan Note Today - Breaking & Trending Today
Matteo Colombo/Getty Images This is 5x the normal loss level for a collateralized daily mark-to-market business, JPMorgan added. It however cited three lessons the industry could take away from the implosion that has roiled the markets. Global banks are expected to lose up to $10 billion following the Archegos Capital Management meltdown, JPMorgan said Monday raising its estimate from an initial $2 billion-$5 billion with Credit Suisse Group and Nomura Holding hardest hit. One line of argument which could explain why the scale of losses suffered by [Credit Suisse] and Nomura was higher could be a higher level of leverage extended by these banks compared to [Goldman Sachs and Morgan Stanley], which seem to have suffered smaller losses if any, JPMorgan analysts led by Kian Abouhossein said in a research note Monday. ....