July 13, 2012
JPMorgan Chase CEO Jamie Dimon enter the company's headquarters in New York Friday, July 13, 2012. JPMorgan Chase, the largest bank in the United States, said Friday that its loss from a highly publicized trading blunder had grown to $5.8 billion.
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JPMorgan Chase said Friday that its traders may have tried to conceal the losses from a soured bet that has embarrassed the bank and cost it almost $6 billion — far more than its CEO first suggested.