JPMorgan Chase (JPM)'s Loss is Boaz Weinstein's Gain – ValueWalk Premium
Jamie Dimon JPMorgan Chase James Dimon

JPMorgan Chase (JPM)'s Loss is Boaz Weinstein's Gain

A contributing factor to JPMorgan Chase & Co. (NYSE:JPM) now $3 billion trading loss was Bruno Iksil, aka the "London Whale." He is said to be leaving the bank.

Prior to trading debacle and the name London Whale, he was known as the Caveman for going after trades that his rivals thought were too overly aggressive but very profitable.

In 2011 . . .

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