Thursday, May 17, 2012

Shocker! JPMorgan Chase Still Employs Trader Bruno Iksil


Go figure.  JPMorgan Chase & Co. (JPM) continues to employ Bruno Iksil, the trader known as the London Whale whose positions may have distorted prices in some derivatives markets, according to the company and the good folks at Bloomberg

Brian Marchiony, a spokesman for the New York-based firm, confirmed Iksil’s status. The New York Times reported earlier that Iksil is leaving JPMorgan, the biggest U.S. bank by assets….

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