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J. P. Morgan chase a loss of two billion dollars was announced and time to cross over to young correspondent on wall street was much more on that big loss for citigroup yes what is a strategy to cope with that loss. Well it is a general a mess of charge and as far as i know it is the biggest quarterly loss in citys history but banks like city but also like dodger bank j. P. Morgan or Goldman Sachs heads to pay the charges sooner or later so now theyre paying it rather sooner but in the long run all the big banks are quiet. That they will profit from the tax reform of the u. S. Government of pa...

Correspondent on wall street was much more on that big loss for citi group yes what is the strategy to cope with that loss. Well it is a general a mess of charge and as far as i know it is the biggest quarterly loss in citys history but banks like city but also like the bank j. P. Morgan or Goldman Sachs heads to pay the charges sooner or later so now theyre paying it rather sooner but in the long run all the big banks are quiet. That they will profit from the tax reform of the u. S. Government of paying only twenty instead of thirty five percent in taxes so theyre pretty certain that in the l...