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. The news was initially reported by Wall Street Journal writers Dan Fitzpatrick, Gregory Zuckerman, and Scott Patterson earlier today. According to that report, Iksil was concerned about the size of the trades he was making, and he expressed those concerns to coworkers. His…
JPMorgan ‘Whale’ Warnings Ignored
HFA Staff
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