15.07.2016 - Wall Street and commodity risk - JPMorgan measure steady in first quarter
JPMorgan Chase & Co's commodity market trading risk measure, known as Value-at-Risk (VaR), was steady in the three months through June, the bank said on Thursday, the first Wall Street bank to report earnings. The bank's VaR indicator was $9 million in the second quarter, unchanged from the prior three months and the same period a year earlier. The news came as the bank reported a marginally lower second-quarter profit but still beat subdued analyst expectations, helped by loan growth and a tight control on operating expenses...............................................Full Article: Source
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