In its fourth quarter earnings report, J.P. Morgan announced that it had lost $143 million on a single client. The firm said, “Equity markets revenue was flat compared to a strong prior year and included the impact of a mark-to-market loss of $143 million on a margin loan to a single client.” Had it not … Continue reading “JP Morgan Lost $143 Million in the Last Quarter on Just One Thing”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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