Tag: Manhattan

JPMorgan says London Whale didn’t cause Lehman bankruptcy

The former JPMorgan Chase & Co (NYSE: JPM – news) trader known as the “London Whale” was not responsible for Lehman Brothers Holdings Inc‘s bankruptcy and should not be dragged into an $8.6 billion lawsuit accusing the largest U.S. bank of causing it, JPMorgan (LSE: JPIU.L – news) said. In […]