The former JP Morgan Chase trader known as the “London Whale” has broken cover to say he was not responsible for the scandal that lost the bank $6.2bn. In a letter sent late on Monday night to news outlets including Financial News and Bloomberg, Bruno Iksil said he was “instructed repeatedly” by his superiors to carry out the trading strategy that led to the losses.
Mr Iksil is helping the US authorities bring a case against key figures at JP Morgan, but he is not among those being…