15.07.2011 - PMorgan raises commods risk in Q2, cuts others

JPMorgan Chase & Co raised its commodities trading risk in the second quarter while trimming risk in equities, currencies and bonds, showing the relative importance of raw materials markets to its business. Value at Risk (VaR) for commodities at JPMorgan averaged $16 million per day in the second quarter, compared with $13 million in the first quarter, financial results from the No. 2 U.S. bank showed on Thursday..............................................Full Article: Source

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