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Citi to move 1,200 Tokyo staff

Sunset in Tokyo, Japan

Citigroup will move its Japan headquarters and about 1,200 employees to a new building in Tokyo by the end of the third quarter, according to people familiar with the matter.

SEC drops London Whale claims

Beached Whale

The U.S. Securities and Exchange Commission dropped claims against two former JPMorgan Chase traders accused of hiding more than $6.2 billion in trading losses as part of the “London Whale’’ case.

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Beached Whale

SEC drops London Whale claims

The U.S. Securities and Exchange Commission dropped claims against two former JPMorgan Chase traders accused of hiding more than $6.2 billion in trading losses as part of the “London Whale’’ case.

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