Showing posts with label credit derivatives. Show all posts
Showing posts with label credit derivatives. Show all posts

Thursday, May 17, 2012

Hedge funds eye further profits from JPMorgan losses

LONDON: Hedge funds are positioned to squeeze more profits from JPMorgan & Co's losing position in US credit derivatives, after racking up tidy gains from a lucrative trade that could end up costing the bank more than $3 billion.