April 12 Commodities trading risk at JPMorgan
Chase rose slightly in the first quarter from the
previous three months but slumped from a year earlier as prices
of raw materials swung.
JPMorgan, the largest U.S. bank, said its value-at-risk in
commodities stood at $15 million in the first quarter, compared
with $14 million in the fourth quarter and $21 million in the
first quarter of 2012.
Commodity prices as indicated by the Thomson
Reuters-Jefferies CRB index fell nearly 2 percent in
the first quarter, tumbling in January, rebounding in February,
then sliding again in March.