"London whale's" bets prompt questions and speculation

04/10/2012 | Bloomberg Businessweek · Washington Post, The · Bloomberg

Bruno Iksil, a trader at JPMorgan Chase dubbed the "London whale," has prompted debate about whether his credit-derivatives positions would be allowed under the Volcker rule and whether the bets are too large. Experts say the market-moving trades likely will prompt regulators to look more closely at banks' derivatives positions.

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Bloomberg Businessweek · Washington Post, The · Bloomberg

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