Three fund management employees have been arrested in London on suspicion of insider dealing and market abuse after police and regulators launched dawn raids on their homes and offices in the capital, the second such swoop this year. Britain’s Financial Services Authority (FSA) said on Wednesday the three men, aged […]
Tag: probe
JPMorgan weighs actions on internal “Whale” probes: reports
JPMorgan Chase & Co may release on Wednesday additional results of internal probes into its $6.2 billion “London Whale” trading loss that could lead to a lower bonus for CEO Jamie Dimon, according to published reports. On Wednesday the bank, the biggest in the United States by assets, is scheduled […]