Bruno Ixil News Today : Breaking News, Live Updates & Top Stories | Vimarsana

financial regulation is costing them. wall street now fires back at the volcker rights. sue herera has a big interview on that one coming up when we check in with her in just a moment and this just in, breaking news right now, the s.e.c. says it is opening an investigation into jpmorgan's whale of a bad trade. mary thompson kicks off our coverage of that $2 billion mistake. mary. >> well, tyler, calling the trading loss is an egregious mistake born of sloppiness and weak oversight, on a call last night, jpmorgan ceo jamie dimon saying losses came from a trade put on by its chief inve...

today, which is amazing. quote, this portfolio has proven to be riskier, more volatile and less effective as an economic hedge than the firm previously believed. the portfolio in question, a portfolio of synthetic credit securities. i'll get to that in a moment. but this is bigger than jpmorgan. the "wall street journal" wrote about a secretive unit in jpmorgan that makes massive trades in things like synthetic credit securities and what are these? trades that bet on which way oil prices will go or interest rates or greek debt or anything like that. mortgages. remember that what caus...

outfront 1, breaking news. america's biggest bank hosting an emergency call as its stock falls. why? jpmorgan is facing significant losses and says it took more risks than it should have. the losses to this point, the company says, to the tune of $3 billion. here's some of the things the ceo jamie diamond just said moments ago on the call. he said the trades were, quote, flawed, complex, poorly reviewed, poorly executed and poorly monitored. these were egregious mistakes and self-inflicted. just because we were stupid doesn't mean anyone else was. there were many errors, sloppiness a...