JPMorgan Facing Escalating Senate Probe

09/06/2012 01:21 pm ET | Updated Nov 06, 2012
  • Dawn Kopecki, Robert Schmidt and Cheyenne Hopkins Bloomberg

JPMorgan Chase & Co.'s (JPM) wrong-way bets on derivatives are the focus of an escalating probe by a U.S. Senate panel led by Carl Levin that has grilled executives from banks including Goldman Sachs Group Inc. and HSBC Holdings Plc, three people briefed on the inquiry said.

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