摩根大通银行投资中离奇损失20亿

时间：2012-05-11 07:56:26

（单词翻译:单击）

JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of $2bn on complex investments made by its traders.

美国最大的银行摩根大通银行的贸易商在复杂的投资中离奇地损失了20亿美元。

Overall, after accounting1 for other gains, losses at its chief investment office (CIO) are estimated to come in at $800m in the second quarter.

The loss could be as big as $1bn, chief executive Jamie Dimon said in an unscheduled conference call.

JPMorgan shares fell 6% after-hours, with other bank stocks following.

Goldman Sachs, Citigroup and Bank of America also suffered heavy losses in electronic trading after the market close.

The strategy taken at its CIO had been "riskier2, more volatile3 and less effective" than previously4 believed, Mr Dimon said.

"There were many errors, sloppiness5 and bad judgement. These were egregious6（惊人的） mistakes.

"They were self-inflicted and this is not how we want to run a business."

'Moving on'

The CIO is an arm of the bank used to make broad bets to hedge its portfolios8 of individual holdings. Hedging is an investment practice used to reduce the risk of price fluctuations9（价格起伏） to the value of an asset.

The trading loss, revealed in a regulatory filing, is expected to hurt JPMorgan's overall earnings10 in the quarter, and will come as an embarrassment11 to the bank.

It had emerged from the 2008 financial crisis in much better health than many of its rivals after avoiding risky12 investments that had hurt others.

"We will admit it, we will learn from it, we will fix it, and we will move on," Mr Dimon said.

He added that the bank was trying to unload the portfolio7 in question in a "responsible" manner in order to minimise the cost to shareholders13.


分享到：


点击收听单词发音收听单词发音  

1 accounting nzSzsY     
n.会计，会计学，借贷对照表
参考例句：
  • A job fell vacant in the accounting department.财会部出现了一个空缺。
  • There's an accounting error in this entry.这笔账目里有差错。
2 riskier 4b337f01212613d2805f0ac853a3fd43     
冒险的，危险的( risky的比较级 )
参考例句：
  • Now they are starting to demand higher returns on riskier assets. 而今他们开始在风险更高的资产上要求更高的回报。
  • The problem with that: RIM's business is getting riskier every quarter. 不过问题也随之而来：RIM面临的业务风险正逐季增大。
3 volatile tLQzQ     
adj.反复无常的，挥发性的，稍纵即逝的，脾气火爆的；n.挥发性物质
参考例句：
  • With the markets being so volatile,investments are at great risk.由于市场那么变化不定，投资冒着很大的风险。
  • His character was weak and volatile.他这个人意志薄弱，喜怒无常。
4 previously bkzzzC     
adv.以前，先前（地）
参考例句：
  • The bicycle tyre blew out at a previously damaged point.自行车胎在以前损坏过的地方又爆开了。
  • Let me digress for a moment and explain what had happened previously.让我岔开一会儿，解释原先发生了什么。
5 sloppiness HiozHx     
n.草率，粗心
参考例句：
  • The choice of Sarah Palin epitomised the sloppiness. 选择佩琳作为竞选伙伴凸显草率。 来自互联网
  • He chided the boy for his sloppiness. 它责怪这男孩粗心大意。 来自互联网
6 egregious j8RyE     
adj.非常的，过分的
参考例句：
  • When it comes to blatant lies,there are none more egregious than budget figures.谈到公众谎言，没有比预算数字更令人震惊的。
  • What an egregious example was here!现摆着一个多么触目惊心的例子啊。
7 portfolio 9OzxZ     
n.公事包；文件夹；大臣及部长职位
参考例句：
  • He remembered her because she was carrying a large portfolio.他因为她带着一个大公文包而记住了她。
  • He resigned his portfolio.他辞去了大臣职务。
8 portfolios e8f0c85d58b4bbb32ca8f22222a8ee54     
n.投资组合( portfolio的名词复数 )；（保险）业务量；（公司或机构提供的）系列产品；纸夹
参考例句：
  • Price risk arises in non-trading portfolios, as well as in trading portfolios. 价格风险中出现的非贸易投资，以及在贸易投资组合。 来自互联网
  • How do we fatten our portfolios and stay financially healthy? 我们怎样育肥我们的投资结构和维持财政健康呢？ 来自互联网
9 fluctuations 5ffd9bfff797526ec241b97cfb872d61     
波动，涨落，起伏( fluctuation的名词复数 )
参考例句：
  • He showed the price fluctuations in a statistical table. 他用统计表显示价格的波动。
  • There were so many unpredictable fluctuations on the Stock Exchange. 股票市场瞬息万变。
10 earnings rrWxJ     
n.工资收人；利润，利益，所得
参考例句：
  • That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
  • Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。
11 embarrassment fj9z8     
n.尴尬；使人为难的人(事物)；障碍；窘迫
参考例句：
  • She could have died away with embarrassment.她窘迫得要死。
  • Coughing at a concert can be a real embarrassment.在音乐会上咳嗽真会使人难堪。
12 risky IXVxe     
adj.有风险的，冒险的
参考例句：
  • It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
  • He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。
13 shareholders 7d3b0484233cf39bc3f4e3ebf97e69fe     
n.股东( shareholder的名词复数 )
参考例句：
  • The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
  • the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

©2005-2010英文阅读网