Reuters: Banks face "systemic margin call," $325 billion hit: JPM

[chris]

Banks face "systemic margin call," $325 billion hit: JPM
      

NEW YORK (Reuters) - Wall Street banks are facing a "systemic margin call" that may deplete banks of $325 billion of capital due to deteriorating subprime U.S. mortgages, JPMorgan Chase & Co , said in a report late on Friday.
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