'London Whale' Traders Could Be Charged As Early As Wed.

Law360, Los Angeles (August 13, 2013, 8:38 PM EDT) -- Two former JPMorgan Chase & Co. employees in London who allegedly helped hide the size of the $6.2 billion “London Whale” loss could face criminal charges from U.S. federal authorities as early as Wednesday, according to a Wall Street Journal report Tuesday.

Authorities plan to arrest Javier Martin-Artajo, the supervisor of former trader Bruno Iksil — who has been accused of partial responsibility for the losses — and Julien Grout, a former JPMorgan junior bank trader, as soon as Wednesday, the Wall Street Journal reported.

Martin-Artajo, who...
To view the full article, register now.