May 15, 2012 / 4:03 PM / 6 years ago

DOJ opens inquiry into JPMorgan trading loss: report

WASHINGTON (Reuters) - The U.S. Justice Department has opened an inquiry into JPMorgan’s multibillion-dollar trading loss, the Wall Street Journal reported on Tuesday, citing a person familiar with the matter.

A security guard patrols outside the JP Morgan Chase & Co annual shareholders meeting at the bank's back-office complex in Tampa, Florida, May 15, 2012. REUTERS/Brian Blanco

The report said the inquiry was at an early stage and that it was not clear what sort of legal violation the U.S. government may be looking at.

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