J.P. Morgan Chase reported $2 billion in losses over the last six weeks, and said there may be more to come. In a news conference shortly after the market closed Thursday, CEO Jamie Dimon said the losses stemmed from a credit default swap that was "poorly executed and poorly monitored."

The largest U.S. bank lost $2 billion due to a single, London-based "rogue trader," the company's CEO admits.

Longmont-based DigitalGlobe is fighting a takeover attempt by a Virginia-based company. KUNC鈥檚 Emily Boyer spoke with Boulder County Business Report鈥�

Members of the House Financial Services Committee were hoping assistant treasurer Edith O'Brien would shed some light on the actions of the firm's CEO, ex-New Jersey Gov. Jon Corzine.