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JPMorgan $2 billion loss hits shares, dents image

A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez

A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez

A man walks into the JP Morgan headquarters at Canary Wharf in London May 11, 2012. REUTERS/Dylan Martinez
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JP Morgan Chase CEO Jamie Dimon speaks during a session at the World Economic Forum (WEF) in Davos January 27, 2011. REUTERS/Vincent Kessler

JP Morgan Chase CEO Jamie Dimon speaks during a session at the World Economic Forum (WEF) in Davos January 27, 2011. REUTERS/Vincent Kessler

JP Morgan Chase CEO Jamie Dimon speaks during a session at the World Economic Forum (WEF) in Davos January 27, 2011. REUTERS/Vincent Kessler
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A flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York in this July 15, 2010 file photograph. JPMorgan Chase & Co said it has taken an unexpected market loss in a trading book after a hedging strategy failed. Since the end of March, the company's Chief Investment Office "has had significant mark-to-market losses in its synthetic credit portfolio," the company said in a filing late on May 10, 2012. REUTERS/Lucas Jackson/Files

A flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York in this July 15, 2010 file photograph. JPMorgan Chase & Co said it has taken an unexpected market loss in a trading book after a hedging...more

A flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York in this July 15, 2010 file photograph. JPMorgan Chase & Co said it has taken an unexpected market loss in a trading book after a hedging strategy failed. Since the end of March, the company's Chief Investment Office "has had significant mark-to-market losses in its synthetic credit portfolio," the company said in a filing late on May 10, 2012. REUTERS/Lucas Jackson/Files
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Traders work in the JP Morgan company stall on the floor of the New York Stock Exchange in New York in this July 15, 2010 file photograph. JPMorgan Chase & Co said it has taken an unexpected market loss in a trading book after a hedging strategy failed. Since the end of March, the company's Chief Investment Office "has had significant mark-to-market losses in its synthetic credit portfolio," the company said in a filing late on May 10, 2012. REUTERS/Lucas Jackson/Files

Traders work in the JP Morgan company stall on the floor of the New York Stock Exchange in New York in this July 15, 2010 file photograph. JPMorgan Chase & Co said it has taken an unexpected market loss in a trading book after a hedging strategy...more

Traders work in the JP Morgan company stall on the floor of the New York Stock Exchange in New York in this July 15, 2010 file photograph. JPMorgan Chase & Co said it has taken an unexpected market loss in a trading book after a hedging strategy failed. Since the end of March, the company's Chief Investment Office "has had significant mark-to-market losses in its synthetic credit portfolio," the company said in a filing late on May 10, 2012. REUTERS/Lucas Jackson/Files
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