JPMorgan Chase Still Employs Trader Bruno Iksil, Spokesman Says

JPMorgan Chase & Co. (JPM) continues to employ Bruno Iksil, the trader known as the London Whale whose positions may have distorted prices in some derivatives markets, according to the company.

Brian Marchiony, a spokesman for the New York-based firm, confirmed Iksil’s status. The New York Times reported earlier that Iksil is leaving JPMorgan, the biggest U.S. bank by assets.

To contact the reporter on this story: Christine Harper in New York at charper@bloomberg.net

To contact the editor responsible for this story: Rick Green at rgreen18@bloomberg.net

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