Washington, Oct 8 (Prensa Latina) US banks JP Morgan, Chase and Bank of America can report losses for about three billion dollars for mortgaged property and loans, said the British newspaper Financial Times.
That daily quotes the analyst of Sanford Bernstein, Howard Mason, who believes that JP Morgan can pass to losses on loans for the value of 1.4 billion dollars and another 700 million due to mortgages and securities supported by them.
Mason added that the Bank of America can also report losses for 700 million dollars in the same chapter of losses and 300 million due to mortgages.
These forecasts precede the monthly report of both financial institutions on the problems faced by the United States economy.
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