Fri, 11 Oct 2013 14:33:11 GMT
JPMorgan posts losses for the Q3
JPMorgan Chase & Co. posted a net loss of $380 million in the third quarter of 2013, while losses per share were $0.17. On the other hand, overall losses include $7.2 billion of costs for litigation expenses, while without this sum of money the company showed a profit of $1.42 per share, exceeding analysts' estimates. JPMorgan Chase & Co shares