Bruno Iksil of JPMorgan ChaseJPMorgan Chase disclosed Thursday that its trading group suffered a $2 billion loss in its trading division due to trades from its Chief Investment Office. Dimon said the losses were “somewhat related” to traders in London, namely trader Bruno Iksil, nicknamed the “London Whale,” who took an outsized position that hedge funds bet against and was mentioned in a
WSJ report last month....
more Bruno Iksil of JPMorgan ChaseJPMorgan Chase disclosed Thursday that its trading group suffered a $2 billion loss in its trading division due to trades from its Chief Investment Office. Dimon said the losses were “somewhat related” to traders in London, namely trader Bruno Iksil, nicknamed the “London Whale,” who took an outsized position that hedge funds bet against and was mentioned in a
WSJ report last month.
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