Senate Investigates JPMorgan Whale Trades

Keywords

An exhibits binder for the Senate Permanent Subcommittee on... News PhotoAbuse,Finance,Government,Horizontal,Investment,North America,Politics,Ring Binder,Sitting,Stock Market,Table,The Americas,The Media,Trader,Trading,USA,Washington DC,WitnessPhotographer Collection: Bloomberg 2013 BloombergAn exhibits binder for the Senate Permanent Subcommittee on Investigations hearing titled JPMorgan Chase Whale Trades: A Case History of Derivatives Risks and Abuses sits on a witness table the hearing room in Washington, D.C., U.S., on Friday, March 15, 2013. JPMorgan Chase & Co., the biggest U.S. bank by assets, compensated chief investment office traders in a way that encouraged risk-taking before the unit amassed losses exceeding $6.2 billion, a Senate committee said. Photographer: Andrew Harrer/Bloomberg via Getty Images