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Born in France · Nationality French — banking / credit derivatives / risk / regulatory investigations

Bruno Iksil

Documented profile covering 6 controversies, including “2017: Prosecutors find his testimony no longer reliable and drop charges against two former colleagues” and “2015: UK regulator closes investigation without fine or ban against Iksil”.

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Profile No. 2135 · Updated on 12 October 2026

6Documented controversies

6Sources

0Formal charge · all time

0Conviction

§ Legal statuses reflect the documented sources as of the date shown; they replace neither court decisions nor the presumption of innocence. Counts are not a rating. Methodology

I. Documented controversies

July 2017

2017: Prosecutors find his testimony no longer reliable and drop charges against two former colleagues

Case dismissed / dropped — against his former colleagues

Protagonist not prosecuted — these proceedings are not counted in their formal charges or convictions.

US authorities seek dismissal of the charges against Martin-Artajo and Grout after concluding that they can no longer rely on Iksil's testimony because of subsequent statements and writings inconsistent with the case theory.

Attribution: Protagonist is a witness
Person targeted by the proceedings: his former colleagues
Role of the person profiled: Protagonist not prosecuted

Sources · 1

[1]
The Guardian / Reuters'London Whale' charges dropped against former JP Morgan tradersPressHigh reliability

Last verified: 14 September 2026

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1 July 2015

2015: UK regulator closes investigation without fine or ban against Iksil

Investigation

The British regulator informs Iksil that it will take no action against him at the conclusion of its London Whale investigation, avoiding a fine and potential professional ban.

Sources · 1

[1]
Reuters / Yahoo NewsUK regulator drops case against London Whale traderNews agencyHigh reliability

Last verified: 14 September 2026

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2012–20 June 2013

2012–2013: Departure from JPMorgan followed by cooperation and non-prosecution agreement with US prosecutors

Case dismissed / dropped

Following the scandal, Iksil leaves JPMorgan. In 2013, the Department of Justice announces that he has entered into a non-prosecution cooperation agreement and will not be charged, unlike two former colleagues.

State of the evidence: Documented
Attribution: Protagonist is a witness

Sources · 1

[1]
U.S. Department of JusticeJustice Department Announces Charges Filed Against Two Derivatives Traders in Connection with Multi-Billion Dollar Trading Loss at JPMorgan ChaseProsecutor's statementVery high reliability

Last verified: 14 September 2026

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August 2013

2013: Cooperation used to charge Martin-Artajo and Grout, Iksil described as opposing certain concealment efforts

No legal proceedings

US case files use Iksil as a cooperating witness in prosecutions against Javier Martin-Artajo and Julien Grout. Prosecution documents notably describe him as having opposed some efforts to conceal the scale of the losses.

State of the evidence: Documented
Attribution: Protagonist is a witness

Sources · 1

[1]
Reuters / Business StandardU.S. charges two ex-JPMorgan bankers over 'London Whale' lossNews agencyHigh reliability

Last verified: 14 September 2026

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début 2012

2012: Enormous credit derivatives positions suspected of distorting markets

No legal proceedings

Positions in the synthetic portfolio managed by Iksil become so large that they attract market and media attention, with allegations that they distort the prices of certain credit indices.

State of the evidence: Documented
Attribution: Directly implicated

Sources · 1

[1]
U.S. Senate Permanent Subcommittee on InvestigationsJPMorgan Chase Whale Trades — bipartisan Senate reportOfficial documentVery high reliability

Last verified: 14 September 2026

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2012

2012: "London Whale" portfolio accumulates at least $6.2 billion in losses

No legal proceedings

JPMorgan's CIO credit derivatives portfolio ultimately generates losses of at least $6.2 billion, causing a major crisis involving governance, risk and financial reporting.

State of the evidence: Documented

Sources · 1

[1]
U.S. Senate Committee on Homeland Security & Governmental AffairsSenate Investigations Subcommittee Holds Hearing and Releases Report on JPMorgan Chase Whale TradesOfficial documentVery high reliability

Last verified: 14 September 2026

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II. Constellation of documented links

No documented link with another published profile for now.

Two profiles are linked when a documented controversy of one names the other. The link points to that controversy and its sources; it does not indicate a personal relationship.

III. Has something changed?

A new court decision, a missing source, a mistake? Tell us what should be updated: every request is read by the editorial team.

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