Dodd-Frank Swap Data Fails to Catch JPMorgan Whale

Dodd-Frank Swap Data Fails to Catch JPMorgan Whale

Peter Foley/Bloomberg

JPMorgan Chase & Co., regarded on Wall Street as one of the best-managed banks in the world, lost more than $6.2 billion last year in a derivatives bet on companies’ creditworthiness that reached a net notional value of $157 billion.