Did The Fed Just Give Us A Very Big Clue Just How Big JPM's CIO Loss May Be? | ZeroHedge: "the cumulative "realized losses/gains securities (AFS/HTM) and Trading and Counterparty Losses" amount to $31.5 billion for the pendency of the stress test.
In other words $31.5 billion is how much pain JPM is allowed, in the NY Fed's view, to suffer before losses and dividends/buyback would jeopardize the capital structure, and the buyback process should be halted
Once again, as a reminder, the buyback process was halted today."
'via Blog this'
No comments:
Post a Comment