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You Searched For "London whale" and got 20 results


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1 min read

JPMorgan's Investor Relations Department Got A Big Award For The Way It Handled The 'London Whale' Debacle

"J.P. Morgan Chase is winning for its handling of the $6.2 billion trading loss by the London Whale…

Julia La Roche   


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REPORT: JPMorgan Agrees To Pay $920 Million In Fines Over The 'London Whale' Trading Loss

Before this, though, there were media reports from Bloomberg and the Wall Street Journal about a tr…

Julia La Roche   


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1 min read

The U.S. Has Charged Two Former JP Morgan Traders Over The London Whale Trading Loss

Bruno Iksil, the trader known as 'The London Whale', will not be charged as he has been cooporating…

Linette Lopez   


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1 min read

Report: Spain Will Likely Extradite The JP Morgan Trader Connected To The London Whale Debacle

At a conference on white collar crime, U.S. attorney Lorin Reisner said, "We have a pretty good ext…

Steven Perlberg   


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1 min read

REPORT: JP Morgan Will Settle The 'London Whale' Case And Admit Wrongdoing

For the government, an admission by JPMorgan could provide a template for pursuing other admissions…

Steven Perlberg   


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1 min read

JPMorgan Execs Will Get Grilled Today After Brutal Senate Report That Said The Bank Was Misleading Investors

The witnesses at today's hearing include Ina Drew, the former Chief Investment Officer; Ashley Baco…

Julia La Roche   


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The injured baby whale that was lost in London's Thames river was euthanized after being stranded for the second time.

The young minke whale was initially found on Sunday and transported to another part of the river wh…

Sarah Al-Arshani   


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1 min read

An injured 13-foot-long baby whale remains lost in London's Thames river after it slipped loose from rescuers

The whale was rescued from a lock in the River Thames on Sunday, but hours later, it disappeared fr…

Kelly McLaughlin   


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1 min read

JP Morgan's Board Voted To Release The Report Blaming Jamie Dimon For The 'London Whale' Loss

It all started last April, when the bank brushed aside reports that a trader in the London Chief In…

Linette Lopez   


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4 mins read

LONDON WHALE: 'It Is Hopeless Now... We Are Dead I Tell You... I Am Going To Be Hauled Over The Coals'

The SCP book, which was essentially frozen in place on March 23, continued to incur losses througho…

Julia La Roche   


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1 min read

CARL LEVIN: These Are The Inaccurate Statements That JPMorgan Made To The Public

The "London Whale" was first revealed in media reports in April by Bloomberg and the Wall Street Jo…

Julia La Roche   


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3 mins read

JPMorgan has cut nearly two-dozen people in a group responsible for preventing traders from making risky bets

Regulators cracked down on the bank after a UK-based credit derivatives trader incurred more than $…

Alex Morrell   


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2 mins read

CHRIS CHRISTIE: 'Bridgegate' Is Just Like Jamie Dimon Not Knowing About 'The London Whale'

That's like saying any of these folks who've been in trouble in the banking industry, like the JPMo…

Julia La Roche   


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2 mins read

The Simple Argument The JP Morgan 'London Whale' Traders Could Use To Stay Out Of Jail

Charges related to valuations placed on trades have had mixed results for prosecutors. Barry A. Boh…

Linette Lopez   


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2 mins read

Everyone's Pretty Skeptical Of JPMorgan's Whale Report

JPMorgan said “employees were overwhelmed by the complexity of their bets, risk managers were ill-e…

GMI Ratings   


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1 min read

JPMorgan's Jes Staley Joins The Hedge Fund That Cleaned Up On The 'London Whale' Trade

BlueMountain Capital is the hedge fund that was on the other side of disastrous so-called "London W…

Julia La Roche   


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1 min read

Two Former JPMorgan 'London Whale' Traders Are About To Be Arrested [REPORTS]

NEW YORK (AP) — Federal authorities plan to arrest two former JPMorgan Chase & Co. employees on…

Associated Press   


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2 mins read

How The London Whale Debacle Is Partly The Result Of An Error Using Excel

During the review process, additional operational issues became apparent. For example, the model op…

Linette Lopez   


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1 min read

REPORT: The 'London Whale' Trader Has Been Ratting Out JP Morgan For Months

Prosecutors may announce charges as early as this week against former London-based JPMorgan employe…

Steven Perlberg   


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2 mins read

Jamie Dimon talks about the time Jimmy Lee arranged for Tom Brady to call and cheer him up

Lee was extremely well-liked across Wall Street and in other circles. A list of the honorary ushers…

Portia Crowe