8/15/2013

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.

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