JP Morgan could lose up to $1 billion from exposure in Russia

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JP Morgan could lose up to $1 billion from exposure in Russia
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The investment bank’s boss Jamie Dimon says to ‘'prepare for the worst and hope for the best'’

“Rest assured that our management teams, hundreds of us, globally, have been working around the clock to do the right thing,” Dimon said in his annual letter. “We should prepare for the worst and hope for the best.”

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