CHASE POSTS $700 MILLION Q3 LOSS, WARNS OF HIGHER LOSSES NEXT YEAR - CardLine - 2009/10/16 - SourceMedia

Report title: CHASE POSTS $700 MILLION Q3 LOSS, WARNS OF HIGHER LOSSES NEXT YEAR

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407 word report published Oct 16, 2009

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Citing rising losses and lower charge volume and warning investors to expect further losses next year, JPMorgan Chase & Co.'s Card Services unit today posted a $700 million loss for the third quarter ended Sept. 30. It was the highest...

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