Posted inBusiness

U.S. Charges Two Ex-JPMorgan Bankers Over ‘London Whale’ Loss

(Reuters) โ€“ U.S. prosecutors brought criminal charges on Wednesday against two former JPMorgan Chase & Co employees in the trading scandal that cost the bank $6.2 billion last year, but the trader nicknamed โ€œthe London Whaleโ€ because of the size of losses was not one of them. Trader Bruno Iksil, who is cooperating with federal prosecutors, pushed […]

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