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JPMorgan Chase Held $40.6 Billion in Leveraged Loans (Update1)
By Elizabeth Hester
Nov. 9 (Bloomberg) -- JPMorgan Chase & Co., the third- largest U.S. bank, said it held $40.6 billion in leveraged loans and unfunded commitments as of Sept. 30 that are difficult to hedge and ``further markdowns could result if market conditions worsen.''
By Elizabeth Hester
Nov. 9 (Bloomberg) -- JPMorgan Chase & Co., the third- largest U.S. bank, said it held $40.6 billion in leveraged loans and unfunded commitments as of Sept. 30 that are difficult to hedge and ``further markdowns could result if market conditions worsen.''