JPMorgan still employs "whale" trader
(Reuters) - Bruno Iksil, the London-based JPMorgan Chase & Co trader known as the "whale" believed to have been involved in the company's $2 billion (1.25 billion pounds) loss in derivatives, is still employed by JPMorgan, a spokeswoman for the bank said on Wednesday.
Kristin Lemkau responded to a report on the New York Times website saying that Iksil is leaving the company. "He is still employed," Lemkau said.
Iksil has worked in the company's Chief Investment Office. Ina Drew, who was head of the office, retired this week.
(Reporting by David Henry in New York; Editing by Gerald E. McCormick)
- Tweet this
- Share this
- Digg this
- Masked gunmen slay family collecting body at Honduras morgue, kill 9
- Islamic State video claims to show beheading of U.S. journalist |
- Bank of England splits over rate hike for first time in three years
- Islamic State video purports to show beheading of U.S. journalist
- Look, no hands! Test driving a Google car