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
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
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