Two Ex-JPMorgan Traders Facing Arrest in London, NYT Says

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Authorities plan to arrest two former JPMorgan Chase & Co. employees on fraud charges related to their role in a trading loss last year, the New York Times reported, citing people briefed on the matter.

Javier Martin-Artajo and Julien Grout, who worked in the bank’s London office, will probably be taken into custody in coming days, the newspaper reported. They are natives of other European countries and British authorities may not be able to locate them, according to the report.