"London Whale" will testify against colleagues
Bruno Iksil, the JP Morgan trader known as the "London Whale", has agreed to testify against his colleagues in the bank's chief investment office (CIO) as US authorities release criminal and civil charges against them.
Javier Martin-Artajo, head of credit and equity trading within the CIO, and Julien Grout, a CIO synthetic credit trader, face federal criminal charges of conspiracy, wire fraud, false bookkeeping and false filing with the US Securities and Exchange Commission (SEC). Martin-Arajo
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