JPMorgan ‘Whale’ Warnings Ignored – ValueWalk Premium
JPMorgan

JPMorgan ‘Whale’ Warnings Ignored

Bruno Iksil, known as "the London Whale" for trades which resulted in the loss of more than $5 billion at JPMorgan Chase & Co. (NYSE:JPM), was concerned about the size of trades he was making, but his concerns were ignored by the investment bank's management. That information comes from a US Senate panel currently reviewing the trades.

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