NY Times says banks derivatives trading loss may total $9 bln.
By Ambereen Choudhury and Dawn Kopecki, Bloomberg|June 28, 2012 at 05:51 AM
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JPMorgan Chase & Co. fell more than 6 percent in New York trading after the New York Times reported the lender’s losses from credit derivatives may total as much as $9 billion, exceeding the firm’s initial estimate.
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