Friday 11th May 2012 ~ Large Trading Losses At JP Morgan
9:20am ~ Another late lie-in this morning, I did not get home until just after 1am, as we went off to a club after our meal last night. There’s no trading for me today, I am off on a 4-day break abroad this afternoon, so I’ve some errands to run this morning plus 3 Skype sessions to do as well. I’ll do some emails as well while doing the fact-to-face Skype calls.
The headlines this morning on Sky Business News shows a £1.2 billion loss for JP Morgan which apparently is attributed to a UK trader, you can read more here.
I hope you all have a nice relaxing weekend, and I will report back on Monday evening when I get back to the UK.