JPMorgan raises estimate of uncovered legal risk

Thu Feb 28, 2013 4:40pm EST

Feb 28 (Reuters) - JPMorgan Chase & Co on Thursday raised its estimate of possible legal risks in excess of reserves to $6.1 billion from $6.0 billion.

The new estimate was included in the company's annual 10K filing with the Securities and Exchange Commission. The previous estimate was made in a quarterly filing in November.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.