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Report: U.S. Considering Arrests in JPMorgan 'Whale' Case

Industries Reuters

U.S. authorities investigating the $6.2 billion trading losses at JPMorgan Chase & Co (JPM) last year are considering making arrests in the case that has come to be known as the "London Whale" trades, according to two sources familiar with the situation.

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The sources said the cooperation of Bruno Iksil, the "London Whale" trader, would be critical for any arrests.