Topic - Bruno Iksil

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$Although the nearly $1 billion fine is just a fraction of JPMorgan's $2.4 trillion in assets, the loose trading practices exposed by the "London Whale" scandal that led to a $6 billion loss has hurt the bank's reputation. "JPMorgan Chase appears to be accepting the fine as a form of penance," said Brian Gunia, an assistant professor at Johns Hopkins University's Carey Business School. (ASSOCIATED PRESS)$

‘London Whale’ scandal costs JPMorgan nearly $1B

By Alex Hopkins - The Washington Times

Specialist Peter Giacchi (center) calls out prices as he works at the post that handles JP Morgan Chase stock on the floor of the New York Stock Exchange, on Friday. The bank's trading loss of $2 billion will cost three high-ranking executives their jobs. (Associated Press)

3 to lose jobs at JPMorgan over $2B loss

By Pallavi Gogoi - Associated Press