No `Major Loss' for JPMorgan This Year, Bove Says

June 28 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks about JPMorgan Chase & Co.'s trading loss. The New York Times reported the lender’s trading losses from credit derivatives may total as much as $9 billion, exceeding the firm’s initial estimate. Bove speaks with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)