Chief investment office valued some trades at prices that varied from investment banks.
By Matthew Leising, Mary Childs and Shannon D. Harrington, Bloomberg|May 31, 2012 at 04:29 AM
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The JPMorgan Chase & Co. unit responsible for at least $2 billion in losses on credit derivatives was valuing some of its trades at prices that differed from those of its investment bank, according to people familiar with the matter.
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