JP Morgan Chase CEO Jamie Dimon on Wednesday will testify before the Senate Banking Committee on the bank’s loss of more than $2 billion on risky trades.
The AP reports:
Dimon will be pressed to provide a clearer picture of all those issues when he testifies to the Senate Banking Committee. He plans to tell the panel that JPMorgan has taken steps to prevent such losses from occurring again, according to his prepared testimony issued by the bank.
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