JP Morgan bosses grilled over $6bn losses for 2012

15 March 2013 Last updated at 19:09 ET Help

Senior executives from JP Morgan have faced tough questioning about why one of their star traders in London lost more than $6bn last year.

An investigation by US politicians has accused the bank of trying to cover up the huge losses and described its trading operation as "a runaway train".

Hugh Pym reports.

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