People: Three axed over JP Morgan trading losses

CIO traders leave JP Morgan - the bank also creates new division, reshuffling top management; Deutsche hires Houari from Barclays; deputy fixed-income head leaves Nomura; new hedge fund hires top quant; Citi boost credit sales and trading

people and processes

The fallout from the losses in JP Morgan’s chief investment office (CIO) continues, with three of the unit’s traders – Bruno Iksil, Achilles Macris and Javier Martin-Artajo – leaving the bank.

The departure of Macris, European head of the CIO, Martin-Artajo, a manager in the unit, and Iksil, who reported to both as a senior trader, had been expected since the losses came to light, but sources at the bank suggest this was delayed pending an internal review.

Under the watch of these three, the CIO

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here