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JPMorgan trading loss grew to $4.4 billion

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By: Associated Press Email
Posted: Fri 10:08 PM, Jul 13, 2012

JPMorgan Chase says its surprise trading loss grew to $4.4 billion. The bank's original estimate was $2 billion.

The bank made the announcement Friday as it reported its quarterly earnings.

CEO Jamie Dimon says the bank has "significantly reduced" the risk involved in the trade.

Donnelly proposes change to healthcare law
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