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JPMorgan Rivals Enjoy Whale of a Time

Beached Whale

Nine months after the JPMorgan trader known as the London Whale amassed credit- derivatives bets that sparked $6bn in losses for the bank, rivals from Bank of America to Morgan Stanley are recommending one of his main strategies.

Rolls-Royce Faces Bribery Claim Inquiry

Rolls Royce Pic

Rolls-Royce is being investigated by the Serious Fraud Office over allegations that include the payment of a $20m (£12.5m) bribe to the son of a former Indonesian president, who then secured an aircraft engine order for the manufacturer.