JPMorgan’s Equity Traders Took a $143 Million Loss on a Single Client

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  1. JPMorgan’s Equity Traders Took a $143 Million Loss on a Single Client  Bloomberg
  2. JP Morgan lost $143 million last quarter on a loan to a single mystery client  CNBC
  3. JP Morgan reveals paper Steinhoff loss of $143m  Financial Times
  4. Full coverage



The bank recognized a $ million mark to market loss on a margin loan to a single customer in its stock trading unit, the New York based firm said Friday in a statement. Chief Financial Officer Marianne Lake confirmed on a conference call with reporters that the writedown was tied to Steinhoff, the South . about JPMorgan s equity traders took a $ million loss on a single client on Business Standard. The bank recognised a $ million mark to market loss on a margin loan to a single customer in its stock trading unit..







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