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
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- Israel, Palestinian militant groups agree to three-day Gaza truce |
- Argentine markets fall post-default, New York hearing on Friday
- Iraqi Kurds, battling Islamist threat, press Washington for arms
- Ukraine premier stays on, envoys agree on crash site route