Key facts
- JP Morgan's accumulated other comprehensive income (AOCI) widened its negative balance in the second quarter.
- The bank reported $7.7 billion in unrealised losses as of June 30.
- This figure is a 15% increase from the first quarter and the highest in a year.
JP Morgan's accumulated other comprehensive income (AOCI) slid further into negative territory in the second quarter. The bank recorded $7.7 billion in unrealised losses as of June 30, up 15% from three months earlier and the highest level in a year. The widening negative AOCI is attributed to roiled interest rate expectations, influenced by geopolitical events such as the Iran war.