JPMorgan blames risk management for "London Whale" loss

Peter Weiland, the most senior risk officer in JPMorgan Chase’s Chief Investment Office before the “London Whale” scandal broke last April, quietly resigned in October, according to a report by the bank that emphasizes the CIO’s risk-management failures. Weiland’s resignation had not been previo…

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JPMorgan blames risk management for "London Whale" loss