Daily News: August 28, 2013

WSJ: JPMorgan ‘Whale’ Trader Arrested in Spain

The Wall Street Journal reported that one of two former JPMorgan Chase traders was arrested by Spanish police. The article noted Javier Martin-Artajo, charged with hiding the London Whale losses, turned himself in to Madrid police after a conversation with a unit focused on fugitives.

The Journal said that the Spaniard had previously had a warrant out for his arrest in the U.S., but he will now be brought in front of a Madrid judge.

To read the entire WSJ article, click here.

Previously on abfjournal: SEC Charged JPMorgan Traders in ‘Whale’ Losses, August 16, 2013