JP Morgan’s Q2 numbers are out and the verdict from the London whale $2 billion trading loss is in — the bank lost $4.4 billion on the trade in Q2.The bright spot, though, is that the other vital numbers came out around or above expectations. EPS estimates were around $1.19 and JPMs final number was $1.21, for one.
That said, today’s conference call was still full of tough questions about risk management and how the bank will perform going forward.
Check it out below.
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