In the Margins
The “London Whale” trader has broken nearly four years of silence, sending a single-spaced, more than three-page letter to publications. In it, Bruno Iksil said he was made a scapegoat for trades that were “initiated, approved, mandated and monitored” by senior management at his then-employer JPMorgan. “For no good reason, I was singled out by the media,” he said. Read the original story from MarketWatch.
Most Read
Average compensation among mutual fund independent directors was higher in 2024, when compared to the year prior, an increase that was more than double what their ...
Comprehensive guidance on the oversight of sub-advisers that exists in the market has served mutual fund boards well for over 15 years. These frameworks remain foundational, ...
Independent directors who anticipate overseeing exchange-traded fund share classes are contemplating myriad issues related to what many industry participants believe will be a seismic shift in ...
Over the past several weeks, I have written articles exploring conflicts of interest that could challenge a variety of financial industry participants. Those articles explored potential ...