Fourth London Whale trader
A fourth London-based JP Morgan Chase trader is under scrutiny in the investigation by US authorities into the bank’s nearly $6bn (£3.7bn) trading loss.
Julien Grout, a trader who joined JPMorgan Chase in 2009, is drawing attention because he worked in the bank’s Chief Investment Office and reported to Bruno Iksil, the French credit trader nicknamed the ‘London Whale’ who is a central figure in the federal probe, two sources told Reuters.