Tuesday, February 09, 2016

Ex-JPMorgan Executive Fined $1.1 Million in ‘London Whale’ Case - The New York Times

Ex-JPMorgan Executive Fined $1.1 Million in ‘London Whale’ Case - The New York Times:



 "A British regulator said on Tuesday that it had fined a former JPMorgan Chase executive for failing to be “open and cooperative” about concerns regarding trading that eventually cost the bank more than $6 billion in losses in 2012, an episode known as the London whale."



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