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By Ginger Szala |
October 18, 2013
Regulatory actions taken despite government shut down
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By Silla Brush, Bloomberg |
October 15, 2013
Bloomberg reports that JPMorgan will pay about $100 million to settle a probe into the bank’s botched derivatives bets last year.
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By Philip McBride Johnson |
September 17, 2013
Fining JP Morgan is not what lawyers call "disgorgement" where illicit profits are clawed back, nor is it "restitution"— the bank itself was the victim.
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By Keri Geiger and Dawn Kopecki, Bloomberg |
September 13, 2013
Julien Grout, a former JPMorgan Chase & Co. trader charged with trying to hide the bank’s record trading loss last year, is arguing to prosecutors that he was following orders from his then-boss, Bruno Iksil.
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By Patricia Hurtado, Keri Geiger, Christie Smythe, Greg Farrell , Bloomberg |
August 15, 2013
U.S. prosecutors urged former London-based JPMorgan Chase & Co. traders Javier Martin-Artajo and Julien Grout to surrender and face charges that they attempted to hide trading losses tied to the bank’s $6.2 billion loss on derivatives bets last year.
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By Patricia Hurtado, Keri Geiger and Dawn Kopecki, Bloomberg |
August 14, 2013
Two former JPMorgan Chase & Co. employees were charged by U.S. prosecutors with attempting to conceal trading losses at the largest U.S. bank last year as part of a probe of its $6.2 billion loss on derivatives bets.
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By Dawn Kopecki, Keri Geiger and Patricia Hurtado, Bloomberg |
August 12, 2013
The former trader whose bets caused more than $6.2 billion in losses last year is now central to any U.S. charges against his former colleagues.
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By Dawn Kopecki and Joshua Gallu, Bloomberg |
August 9, 2013
JPMorgan Chase & Co. is negotiating final terms of a deal with U.S. securities regulators to end a yearlong probe of derivatives bets that led to the bank’s biggest trading loss ever, two people briefed on the talks said.
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By Laura Marcinek |
March 28, 2013
An investment group implores JPMorgan not to re-nominate three risk committee members after disclosing more than $6.2 billion in losses.
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By Mary Childs and Elizabeth Dexheimer, Bloomberg |
March 18, 2013
Bruno Iksil, the JPMorgan Chase & Co. trader known as the London Whale, had an e-mail sent to about 20 colleagues last year estimating almost double the daily losses his book had shown thus far. Then the phone rang.
