Not too big to fail: JP Morgan is mounting its losses

By Bahiyah Shabazz, MBA

English: Category:JPMorgan Chase (Photo credit: Wikipedia)

When most consumers think of JP Morgan Chase, they believe the company to be a financial institution that is reliable, profitable and innovative. JP Morgan is known for huge earnings, cautious decisions and strategies that build bridges across multiple companies. Its chief executive officer, Jamie Dimon, has grown the company’s profits due to the management style that is often attempted by others.

Lately, the same adjectives that describe JP Morgan are the ones that many now oppose to affirm due to one large mistake that is mounting to billions of dollars that will go down in history.

Continue reading article…Click Here.

####

“Love yourself enough to support yourself.” Bahiyah Shabazz

© SMG, LLC

Related articles

• JP Morgan Chase CEO Denies That Growing Trading Losses Prove His Bank Is Too Big To Manage (thinkprogress.org)
• Paul Miller on JPM: The share gains today may not last. Over time, it will still drift down (investmentwatchblog.com)
• Oops We Did It Again…Jamie Dimon and JP Morgan Chase (prverdict.com)
• JP Morgan’s Loss Now $9 Billion? (abcnews.go.com)

Your fabulous comment!! Cancel reply

Enter your comment here...

Fill in your details below or click an icon to log in:

Email (required) (Address never made public)

Name (required)

Website

You are commenting using your WordPress.com account. ( Log Out / Change )

You are commenting using your Twitter account. ( Log Out / Change )

You are commenting using your Facebook account. ( Log Out / Change )

Cancel

Connecting to %s

Notify me of follow-up comments via email.

Notify me of new posts via email.