Posts Tagged “London Whale”
Jamie Dimon’s Bonus Could Be Hurt By London Whale Loss
by admin on January 14, 2013
JPMorgan Chase will likely slash the bonus of its CEO Jamie Dimon over the bank’s major trading loss earlier this year, according to a Wall Street Journal report.
Summer of 2012 Is The Summer of the Compliance Officer
by Beth Connolly on August 3, 2012
Find out why the compliance profession is growing–and why Summer 2012 will be remembered as the Summer of Compliance.
J.P. Morgan ‘Whale’ Was Prodded
by The Compliance Exchange on August 3, 2012
A J.P. Morgan Chase JPM +2.93% & Co. executive encouraged the trader known as the “London whale” to boost valuations on some trades, said a person who reviewed communications emerging from the bank’s internal probe of recent trading losses.
Trading Surges Boosted Whale Positions Before Audits
by The Compliance Exchange on July 24, 2012
Trading surges that temporarily boosted the value of credit derivatives held by JPMorgan Chase & Co. (JPM) may provide clues about whether traders at the bank masked losses that have spiraled to $5.8 billion.
Bruno Iksil Out At JPMorgan
by The Compliance Exchange on July 13, 2012
Bruno Iksil, the JPMorgan Chase & Co trader known as the “London Whale”, has left the bank.
JPMorgan Plans To Claw Back Ina Drew’s Package As Losses Approach $5bn
by The Compliance Exchange on July 11, 2012
J.P. Morgan Chase JPM +0.99% & Co. plans to reclaim millions of dollars in stock from executives at the center of the trading blunder that shocked Wall Street and tarnished the reputation of Chief Executive James Dimon.
The Three Reasons Regulators Totally Missed JPMorgan’s Whale
by Beth Connolly on June 20, 2012
Regulators attempted to explain how they managed to miss the massive position that led to J.P Morgan’s $2 billion loss.
SEC Adopts Flash Crash Prevention Tool (and other Key Compliance Stories to Know on June 4, 2012)
by Kyle Colona on June 4, 2012
SEC extends “circuit breaker” procedures and “limit up, limit down” rule, CFTC files creditor claim against MF Global, SEC enforcement action against Quantek
BIG NEWS: The London Whale Swam Deep Even Before 2012
by Beth Connolly on June 1, 2012
It’s not surprising, but it is troubling: a source revealed to Bloomberg that Bruno Iksil, aka the London Whale, had a value-at-risk (VaR) equivalent to the size of the entire bank’s since at least 2010 or perhaps even earlier. Iksil’s (…)
Senator Dodd To America: I Told You So
by Jack J. Kelly on June 1, 2012
Christopher Dodd, the Dodd in Dodd-Frank, is a happy man.
