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)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.