JP Morgan Takes $2B Trading Loss

JP Morgan Chase has been hit by $2 billion in trading losses and could face an additional $1 billion loss, Chief Executive Jamie Dimon said in a conference call after U.S. markets closed today.

  • 11 May 2012
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JP Morgan Chase has been hit by $2 billion in trading losses and could face an additional $1 billion loss, Chief Executive Jamie Dimon said in a conference call after U.S. markets closed today.

The losses stemmed from derivatives positions in the bank's Chief Investment Office, which manages risk for the company. The Wall Street Journal reported last month that large bets—by a London-based trader named Bruno Michel Iksil—being made in that office had roiled a sector of the debt markets.

Click here to read the full story from the Wall Street Journal



  • 11 May 2012

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 353,377.35 1327 9.07%
2 JPMorgan 316,733.86 1438 8.13%
3 Bank of America Merrill Lynch 316,098.84 1095 8.11%
4 Goldman Sachs 234,493.12 778 6.02%
5 Barclays 226,573.92 880 5.82%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 34,312.86 161 6.57%
2 Deutsche Bank 34,194.98 116 6.55%
3 Bank of America Merrill Lynch 31,113.25 94 5.96%
4 BNP Paribas 27,479.75 167 5.26%
5 SG Corporate & Investment Banking 23,982.83 136 4.59%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,536.02 78 8.89%
2 Morgan Stanley 16,323.54 83 7.43%
3 Citi 15,750.21 93 7.17%
4 UBS 15,208.47 58 6.92%
5 Goldman Sachs 13,499.48 73 6.15%