JPMorgan Is Getting pummelled Even More After Stunning Trading Loss Announcement

It gets worse at JPMorgan: The stock is now down 7.3% in the pre-market after the bank announced a surprise trading loss due to self-inflected “egregious” errors yesterday.

image

Photo: Yahoo Finance

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.