London Whale

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Will the London Whale lead to more bank regulation?

Mar 15, 2013
JPMorgan executives testified to the Senate on the company's estimated $6.3 billion loss related to risky trades and a banker known as the London Whale.
Posted In: London Whale, JPMorgan, Banks
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JPMorgan sorts out 'London Whale' consequences

Jul 13, 2012
JPMorgan Chase CEO Jamie Dimon spoke this morning about the company's solid quarterly earnings, but all the attention is on the massive $4.4 billion trading loss -- twice what they first thought -- and how the company will sort out the implications.
Posted In: JPMorgan, Jamie Dimon, London Whale
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A 'Whale watch' as JPMorgan reports earnings

Jul 13, 2012
The highlight of JPMorgan Chase’s second quarter earnings report will be an update on the trading loss by the so-called London Whale.
Posted In: JPMorgan, London Whale
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What Did JP Morgan Get Itself Into?

May 17, 2012
As more details emerge about JP Morgan's money-losing "London Whale" trade, the goalposts are moving fast and it's harder than ever to explain what's going on.
Posted In: London Whale, JP Morgan, Jamie Dimon, losses
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'London Whale' taking big bets in debt market

Apr 6, 2012
A financial trader known as the "London Whale" is making a splash on Wall Street, taking a huge bet worth possibly tens of billions of dollars on corporate credit default swaps.
Posted In: London Whale, credit default swaps

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