US banking giant JPMorgan Chase has said it had lost $2 billion on derivatives since March in what chief executive Jamie Dimon called a “flawed” and “poorly executed” hedging operation. Duration: 00:28.
US banking giant JPMorgan Chase has said it had lost $2 billion on derivatives since March in what chief executive Jamie Dimon called a “flawed” and “poorly executed” hedging operation. Duration: 00:28.