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Whale scandal costs JPMorgan $920 mn in fines

Settlements with four US and British regulators, made public on Thursday, resolve the biggest civil probes of the bank's USD 6.2 billion of derivatives trading losses last year.
JPMorgan Whale settlement expected Thursday: Source

A settlement would mark a key step in JPMorgan's efforts to resolve its regulatory and legal troubles.
Exclusive: JPMorgan bet against itself in 'Whale' trade

There is a new twist in the London Whale trading scandal that cost JPMorgan Chase USD 6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.

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Bruno Iksil

Whale scandal costs JPMorgan &#36;920 mn in fines

JPMorgan Whale settlement expected Thursday: Source

Exclusive: JPMorgan bet against itself in 'Whale' trade

Whale scandal costs JPMorgan $920 mn in fines