JPMorgan Chase CEO To Testify On Trading Losses | WAMU 88.5 - American University Radio
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JPMorgan Chase CEO To Testify On Trading Losses

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Jamie Dimon will be on Capitol Hill on Wednesday testifying about massive trading losses at the nation's biggest bank. The CEO of JPMorgan Chase is expected to apologize for a hedging strategy that led to a multibillion-dollar loss. In prepared remarks, Dimon says despite those losses, the bank's overall balance sheet remains solid.
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