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JPMorgan suspends stock repurchase plans
JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss.The largest U.S. bank by assets disclosed the $2 billion trading loss on May 10 in a hastily-called conference call with investors and journalists.The loss from an ill-timed trade on so-called credit derivatives has rattled investor confidence in JPMorgan Chase, leading to
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