Page 38 - Barclays Bank (B)
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APPENDICES
Appendix 1
Source: Telegraph (6)
The trader at the centre of JP Morgan’s notorious London Whale trades has broken his silence about the
2012 investments that cost him his job and led to $920m in fines for the Wall Street bank. Bruno Iksil
wrote a letter to reporters saying he was singled out by the media “for no good reason” for the large
trades made in the bank’s chief investment office (CIO) in London that eventually lost JP Morgan $6.2bn
and led to penalties from four different regulators.