JPMorgan (JPM) Settles Lawsuit Against “Whale” Boss-source
By:
Wall Street Pit
JPMorgan Chase & Co (JPM) has reached an out-of-court settlement over its lawsuit against the former boss of Bruno Iksil, the trader known as the “London Whale” for huge bets he took that cost the bank $6.2 billion, a person familiar with the matter said. Javier Martin-Artajo, who was Iksil’s immediate supervisor, had been named [...] View the full post at: JPMorgan (JPM) Settles Lawsuit Against “Whale” Boss-source Related posts: Alabama Declines Making Payments to JPMorgan Under Derivatives Deal Bank of America Faces Class-Action Lawsuit by Agape Victims Citigroup Wins Parmalat Lawsuit; Jury Awards Bank $364.2 Million
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