JPMorgan, BofA poised for $3bn writedown
Story date: 2007-10-07 03:04:00
Added on: 2007-10-08 05:16:30
Financial Times - JPMorgan Chase and Bank of America are expected to reveal losses of about $3bn on holdings of mortgage securities and leveraged loans when they report third-quarter results this month. This would take to more than $20bn the total writedowns announced ...
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