JPMorgan Chase and the London Whale
Publication date: 6 May 2013
Abstract
In April 2012, JPMorgan Chase & Company was struggling with large losses that had the potential to damage the reputation of the company, of its Chairman, Jamie Dimon, and of its Chief Investment Officer, Ina Drew. The losses arose from large credit derivative trades in the London office that Dimon described as “bad strategy … badly executed … poorly monitored”.
Keywords
Acknowledgements
Prepared by Professor Jayanth R Varma, Indian Institute of Management, Ahmedabad
Citation
Varma, J.R. (2013), "JPMorgan Chase and the London Whale", . https://doi.org/10.1108/CASE.IIMA.2019.000048
Publisher
:Indian Institute of Management Ahmedabad
Copyright © 2013 by the Indian Institute of Management, Ahmedabad