The London Whale

JP Morgan Reveal Botched Bet Losses Have Trebled To £3.7 Billion

PA | Posted 13.07.2012 | UK

The losses racked up by disastrous trades at the London office of America's biggest bank nearly trebled to £3.7bn, it emerged on Friday. JP Morgan...

JPMorgan Chase Boss Retires After $2bn Loss

PA/The Huffington Post UK | Posted 14.05.2012 | UK

The chief investment officer at America's biggest bank is to step down after it unveiled shock $2 billion (£1.2 billion) losses last week. Chief e...