JPMorgan Sues Derivatives Trader’s Boss

31 Oct 2012

JPMorgan Chase has filed a lawsuit in the U.K. against Javier Martin-Artajo, the immediate supervisor of London-based derivatives trader Bruno Iksil, who allegedly is responsible for USD6.2 billion in losses from unauthorized trades earlier this year.

JPMorgan Chase has filed a lawsuit in the U.K. against Javier Martin-Artajo, the immediate supervisor of London-based derivatives trader Bruno Iksil, who allegedly is responsible for USD6.2 billion in losses from unauthorized trades earlier this year.

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