Comment on Regulator unaware of JPMorgan loss until weeks before disclosure

Regulator unaware of JPMorgan loss until weeks before disclosure

The Office of the Comptroller of the Currency, which had 65 examiners at JPMorgan offices, admits the lapse at a Senate Banking Committee hearing.WASHINGTON — The top U.S. bank regulator had no inkling of JPMorgan Chase & Co.'s more than $2-billion trading loss until just weeks before it became public — even though the agency had 65 examiners working full-time at the firm's Manhattan headquarters and other company offices.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News