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Joined Nov 11, 2007
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$JPM Sues London Whale’s Boss

JPMorgan Chase & Co. (JPM) sued the executive responsible for supervising Bruno Iksil, the London trader whose market-moving wagers led to him being nicknamed the London Whale and who worked in the division responsible for a $6.2 billion trading loss.

Javier Martin-Artajo, Iksil’s boss in the chief investment office, is a defendant in a London lawsuit filed Oct. 22 by the New York-based bank and made public today. The court filings didn’t reveal any details of the complaint.”

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