NEW YORK (Reuters) – Some JPMorgan Chase & Co directors and executives knew about risky practices by London traders about two years before bad bets caused the company to lose $ 2 billion, the Wall Street Journal reported on Monday. Bruno Iksil, a London-based JPMorgan trader, known as the “whale”, is believed to have been involved in the company’s $ 2 billion loss in derivatives, first announced last month. The loss hurt the company’s credit rating and caused a steep drop in its stock price. …
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