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JPMorgan losses may hit $5-billion Add to ...

Up until now, Jamie Dimon has said the $2-billion (U.S.) trading loss JPMorgan Chase & Co. revealed last week was an embarrassment to the bank, but not a lethal blow to its operations. It was important, Mr. Dimon urged investors and analysts, to maintain perspective – even in the face of an “egregious” mistake.

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