Senate report may fault JPMorgan executives in trading loss: NYT
(Reuters) – A senate committee, which began an inquiry into JPMorgan’s multi-billion dollar trading loss last year, is expected to fault certain executives in its report for allowing the bank to build bets without fully warning regulators and investors, the New York Times reported, citing people briefed on the inquiry. The U. S. Senate Permanent Committee on Investigations could ask Douglas Braunstein, who was chief financial officer at the time of the losses, and other senior executives to testify at a hearing this month, the people told the paper. . . .
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