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JPMorgan Flags Possible $4.6B Hit From Legal Losses

By Daniel Wilson ( August 5, 2014, 11:56 AM EDT) -- JPMorgan Chase & Co. said Monday its expected costs related to ongoing legal matters could be as much as $4.6 billion beyond the reserves it had previously set aside as it faces numerous legal actions and investigations over alleged issues such as market manipulation and wrongful mortgage practices....

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