JPMorgan (JPM) Would Need Added $971M in Collateral on One-Notch Ratings Downgrade, Added $1.7B on Two-Notch Downgrade
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From the company's 10-Q, JPMorgan (NYSE: JPM) said the bank would need $971 million in added collateral amid a one-notch ratings agency downgrade. The bank would need $1.7 billion in added collateral if its rating was cut two notches.
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