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JPMorgan's ‘London Whale’ Surfaces to Say '12 Loss Not His Fault

  • Bruno Iksil comments on losses in his former unit in letter
  • `I have always acted in good faith' for markets, employer
The headquarters of JP Morgan Chase and Co. in New York City.

The headquarters of JP Morgan Chase and Co. in New York City.

Photographer: Ron Antonelli

Bruno Iksil, the former JPMorgan Chase & Co. trader who became known as the “London Whale” as his unit began generating more than $6.2 billion in losses in 2012, surfaced on Monday to say he isn’t responsible for the debacle.

QuickTake The London Whale