X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JPMorgan Chase suffered a mammoth trading loss last year as a result of a huge position in credit derivatives that was put on by a trader in its chief investment office. But the bank’s report on the $6 billion loss last month laid a portion of the blame on a very common problem: an error in a spreadsheet.

T&R Express

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.