Matches in DBpedia 2016-04 for { ?s ?p "In April and May 2012, large trading losses occurred at JPMorgan's Chief Investment Office, based on transactions booked through its London branch. The unit was run by Chief Investment Officer Ina Drew, who has since stepped down. A series of derivative transactions involving credit default swaps (CDS) were entered, reportedly as part of the bank's \"hedging\" strategy. Trader Bruno Iksil, nicknamed the London Whale, accumulated outsized CDS positions in the market."@en }
Showing triples 1 to 1 of
1
with 100 triples per page.
- 2012_JPMorgan_Chase_trading_loss comment "In April and May 2012, large trading losses occurred at JPMorgan's Chief Investment Office, based on transactions booked through its London branch. The unit was run by Chief Investment Officer Ina Drew, who has since stepped down. A series of derivative transactions involving credit default swaps (CDS) were entered, reportedly as part of the bank's \"hedging\" strategy. Trader Bruno Iksil, nicknamed the London Whale, accumulated outsized CDS positions in the market.".