JPMorgan Shares Tumble After $2 Billion London Trading Loss

Signage stands outside JP Morgan Chase & Co. headquarters in New York, U.S., on Friday, May 11, 2012. JPMorgan Chase & Co. fell the most in nine months after Chief Executive Officer Jamie Dimon said the firm suffered a $2 billion trading loss he attributed to “egregious” failures in a unit managing risks. Photographer: Peter Foley/Bloomberg via Getty Images

Author: vijayanand