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JPMorgan Sues Former London Whale Boss

Beached Whale

Reuters reports that JPMorgan Chase has filed a suit in a British court against the former boss of Bruno Iksil, the trader known as the London Whale, for the outsized derivatives positions he took that cost the bank $6.2bn in losses this year.

Japanese Rival Chases Nomura

Bike Race

Mizuho Financial Group, Japan’s third-biggest bank by market value, has added to its team of Japan stock analysts in a bid to surpass top-ranked researcher Nomura.

Barclays Boss Has Long 'To Do' List

The Hit List

Barclays' warning that a US regulator is accusing it of attempting to manipulate electricity prices is just the latest item on the lengthy to-do list for new chief executive Antony Jenkins.