JPMorgan posts third-quarter loss as legal expenses jump

Reuters

Oct 11 (Reuters) - JPMorgan Chase & Co reported aloss in the third quarter as the biggest U.S. bank by assetsrecorded additional expenses for lawsuits and governmentinvestigations.

The bank posted a loss of $380 million, or 17 cents pershare, compared with net income of $5.71 billion, or $1.40 pershare, a year earlier.

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