JPMorgan Chase hit with class-action lawsuit over $2B in trading losses

 

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Sen. Bob Corker, a Republican who serves on the Senate Banking Committee, has called for a hearing on the $2-billion trading loss by JP Morgan, saying that "policies are going to be derived out of what's happened."

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JPMorgan shareholder meeting draws protesters: JPMorgan Chase, the nation’s largest bank, held its annual shareholder meeting in Tampa on May 15, just days after it disclosed its $2 billion trading blunder. Protesters came out to show their disapproval of the company.

 

via soundofheart.org

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