Friday, July 13, 2012

JPMorgan trader "London Whale" leaves Bank




Reuters reports that three employees from the chief investment office of JPMorgan Chase & Co, including Bruno Iksil known as the "London whale", have left the bank, the Wall Street Journal said citing people familiar with the matter.

The London-based employees - Achilles Macris, Javier Martin-Artajo and Iksil - as of Thursday, were no longer listed in the company's internal employment database, the business daily said.

Bets made by the three employees on certain corporate credit indexes led to just over $5 billion in losses in the second quarter, the Journal said....


No comments:

Post a Comment