JPMorgan Chase Agrees To Beef Up Risk Management | WAMU 88.5 - American University Radio
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JPMorgan Chase Agrees To Beef Up Risk Management

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Banking regulators are telling JPMorgan Chase that it must take action to improve its risk analysis and money-laundering controls. The bank racked up a $6 billion trading loss last year. CEO Jamie Dimon cited managerial lapses and called the loss inexcusable.
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