JPMorgan's ‘London Whale’ Surfaces to Say '12 Loss Not His Fault
- Bruno Iksil comments on losses in his former unit in letter
- `I have always acted in good faith' for markets, employer
The headquarters of JP Morgan Chase and Co. in New York City.
Photographer: Ron AntonelliThis article is for subscribers only.
Bruno Iksil, the former JPMorgan Chase & Co. trader who became known as the “London Whale” as his unit began generating more than $6.2 billion in losses in 2012, surfaced on Monday to say he isn’t responsible for the debacle.