JPMorgan Traders Lost on 41 Days as ‘London Whale’ Unwinds

JPMorgan Chase & Co. (JPM)’s traders lost money on two days during the fourth quarter, down from 10 in the prior three months, as the largest U.S. bank stabilized a wrong- way bet on credit derivatives. Losses occurred on 41 days in 2012, compared with 27 days in the prior year, New York-based J…

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JPMorgan Traders Lost on 41 Days as ‘London Whale’ Unwinds

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