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JPMorgan Exec Bruno Iksil Won’t Face Charges In London Whale Probe: Source

JPMorgan Exec Bruno Iksil Won’t Face Charges In London Whale Probe: Source

NEW YORK, Aug 8 (Reuters) – The trader at the center of JPMorgan Chase’s $6.2 billion trading loss last year will not face U.S. charges related to the incident, a source familiar with the matter said on Thursday.

Meanwhile, another source said JPMorgan is close to reaching a settlement with securities regulators over the trading loss.

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