By Anirban Sen and Utkarsh Shetti Sept 11 (Reuters) - JPMorgan Chase cut off lending activity for Leopold Aschenbrenner's ...
JPMorgan Chase & Co. is one of the biggest banking groups in the world. Revenues (including intragroup) break down by activity as follows: - investment and market banking (42.3%): ...
Much of the commentary about the JP Morgan Chase losses suggests that either this is proof of the need for the Volcker rule, or is a reason to get the Volcker rule in place promptly. Neither is true.
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