Saturday, July 18, 2020

The FDIC-insured part of JPMorgan Chase lost $3.2 billion in Q1 of 2020

https://wallstreetonparade.com/2020/07/using-bank-deposits-jpmorgan-chase-lost-3-2-billion-trading-stocks-and-credit-derivatives-in-first-quarter/

 

Depositors money was used for securities trading. The bank holding company lost still more.

 

Charlie Cooper

 

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