Former JPMorgan exec wins London appeal over Whale case

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LONDON May 19 A former JPMorgan executive who supervised a division that ran up $6.2 billion of losses in the “London Whale” scandal of 2012 has won a second legal challenge against Britain’s regulator in a closely-watched court battle. The Court of Appeal said on Tuesday that although Achilles Macris had not been named, he had been identified and should have been allowed to respond when the Financial Conduct Authority (FCA) fined JPMorgan almost 140 million pounds ($217 million) in 2013 over huge bets by former trader Bruno Iksil. The decision could have implications for how much detail can be published in enforcement notices. The case has been closely watched by scores of traders who also…

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West Indies have struggled for 15 years... other nations have gone past us ... - Daily Mail


Daily Mail

West Indies have struggled for 15 years... other nations have gone past us ...
Daily Mail
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