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JPMorgan's Dimon to testify on losses June 13

The CEO of the much-maligned investment giant is set to speak before the Senate Banking Committee, addressing the company's $2 billion trading losses.

By Staff Writer | Updated on May 31, 2012

JPMorgan Chase CEO Jamie Dimon will testify before the Senate Banking Committee on June 13 regarding the bank’s reported $2 billion trading losses, the committee announced Thursday.

The hearing with Dimon had previously been announced for June 7; however, a Senate Banking Committee spokesman said that June 13 is the only date in June that works for both the Senate Banking Committee and Dimon.

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