Loading...

JPMorgan loss a risk control failure: expert

206 views

Loading...

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on May 11, 2012

After JPMorgan Chase announced a $2 billion loss on derivatives since March, share prices plunged Friday, leaving the bank's reputation in tatters. Gregori A. Volokhine of Meeschaert Capital Markets, Inc. dubbed the shocking loss a risk control failure, which the pugnacious chief executive Jamie Dimon must have authorized.Duration: 00:48

Loading...

Advertisement
When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...