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JPMorgan Chase and the London Whale

Jayanth R Varma (Indian Institute of Management, Ahmedabad)

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

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Indian Institute of Management Ahmedabad

Copyright © 2013 by the Indian Institute of Management, Ahmedabad

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