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Pedestrians walk past the JP Morgan Chase headquarters in New York. (DON EMMERT/AFP/Getty Images)
Pedestrians walk past the JP Morgan Chase headquarters in New York. (DON EMMERT/AFP/Getty Images)

JPMorgan

'London Whale' took big bets beneath the surface Add to ...

Bruno Iksil was dubbed the ‘London Whale’ in credit markets due to the size of the trading positions he took, but for years he stayed well below the surface avoiding detection.

Now, the French-born JPMorgan trader has been dragged from the anonymity of the trading floor into the eye of a very public storm over a $2-billion trading loss at the U.S. investment bank where Mr. Iksil worked in a little-known group called the Chief Investment Office (CIO).

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