JPMorgan CEO To Testify Before Senate Panel June 13

By Mike Obel | May 31 2012 12:05 PM

The head of JPMorgan Chase & Co. will testify before the U.S. Senate Banking Committee on June 13 to discuss the bank's recent multibillion-dollar trading losses, the committee said Thursday.

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Previously, CEO Jamie Dimon had been scheduled to appear on June 7 before the panel. JPMorgan estimates it lost about $2 billion, though that estimate could rise significantly.

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