Saturday, May 11, 2013

JPMorgan is Pissed: Bloomberg reporters tapped into our terminal data, too

A day after The Post broke the news of the company’s spying scandal, a second big bank raised concerns that Bloomberg reporters used confidential client data to keep tabs on employees and get the inside track on stories.

Earlier this year, JPMorgan Chase, the nation’s biggest bank, suspected that reporters had gleaned information from Bloomberg’s proprietary terminals to track execs caught up in the bank’s “London Whale” trading blunder.

A person close to JPMorgan said alarms went off when Bloomberg reporters would call the bank and note that certain members of its London trading team hadn’t been logged into their terminals….

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