"London whale" case prompts charges against ex-JPMorgan workers

U.S. prosecutors have charged two former JPMorgan Chase employees, Julien Grout and Javier Martin-Artajo, with wire fraud in connection with the bank's $6.2 billion "London whale" loss. Trader Bruno Iksil, the aforementioned whale, has not been not charged because he is cooperating with the government. Officials have hinted they also will hold JPMorgan accountable for securities-law violations.

View Full Article in:

Bloomberg · Reuters · Washington Post (tiered subscription model), The · Financial Times (tiered subscription model)

Published in Briefs: