3 ms·
They took a pretty big loss on debt and equity securities this quarter, compared to a profit in Q221. Roughly a $3B hit to net income. This might be realized or
by ac29 4y ago
They took a pretty big loss on debt and equity securities this quarter, compared to a profit in Q221. Roughly a $3B hit to net income. This might be realized or unrealized (mark to market) losses.
See page 9.