JPMorgan Loses $1.5B So Far in Third Quarter

August 11, 2008

118

Investment bank JPMorgan Chase & Co. has incurred losses of about $1.5 billion since the start of July, hurt by turmoil in the credit and mortgage markets and by wider credit spreads and lower levels of liquidity, the company said in a regulatory filing late Monday.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Spectrum Shares Surge on Q2 Profit

Chip Startup with UCI Ties Lands $8M Funding

staff-author

JPMorgan Loses $1.5B So Far in Third Quarter

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Photos: Morinaga America’s Product Portfolio

Photos: The Vehicles Behind OC Automaker’s Q1 Results

Anduril, Turion Picked for Max $1.8B Military Space Contracts

Related Articles

Photos: Morinaga America’s Product Portfolio

Photos: The Vehicles Behind OC Automaker’s Q1 Results

Anduril, Turion Picked for Max $1.8B Military Space Contracts

Inside Look at Rancho Mission Viejo’s Village of Rienda

Midday Stock Roundup: TTM Tech Shares Hit All Time Highs

Advertise With Us

About Us

Subscriber Links

Other Journals