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Those JPMorgan 'In Trouble' Rumors

Boat In Trouble

JPMorgan's trading loss was initially put at $2bn, but some market commentators are estimating it could go as high as $7bn. And rumors are circulating that the firm could be in trouble - both reputationally and financially.

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Citi Building Canary Wharf

Citigroup closes FX program

Citigroup, the world’s largest currency dealer, closed a program that provided leverage to some foreign-exchange clients without putting them through an extensive credit check.