Jpmorgan Fined $920 Million For ‘london Whale’

Grosvenor Square London Hotel’s Facebook Contest Offers Chance to Win Overnight Stay

The Consumer Financial Protection Bureau also ordered JPMorgan and its consumer and commercial division to pay $309 million in refunds for improper credit card practices. The bank said it had already issued credits or refunds to customers who were affected. JPMorgan shares closed down 1.2% at $52.75 in Thursday trading. Despite the new London whale settlements, JPMorgan still faces a criminal investigation of the trading episode by federal prosecutors and a separate civil probe by the Commodity Futures Trading Commission. Iksil, who no longer works for the bank, is cooperating with the criminal investigation by the Manhattan U.S. Attorney’s office in New York. In a federal affidavit filed last month, two other former JPMorgan Chase employees directly involved in the London whale trades were charged with conspiracy, falsifying books and records, wire fraud and making false filings with the SEC. The two, Javier Martin-Artajo and Julien Grout, were formally indicted Monday on charges they manipulated and inflated the value of the trading positions to cover up the true size of the deepening losses. London-based lawyers for Martin-Artajo have said they were confident he would be cleared of any wrongdoing. New York defense attorney Edward Little this week said Grout “was a junior trader’s assistant acting under the direct instructions of his managers and has been unjustly used as a pawn in the government’s attempt to settle its highly politicized case against JPMorgan Chase.” In announcing the charges against the two traders, Manhattan U.S. Attorney Preet Bharara signaled that senior bank officials had been aware of what the London traders had been doing. While declining to discuss the continuing investigation, he said, “They definitely knew they (bank traders) were cooking the books.” Sen. Carl Levin, D.Mich., whose Senate subcommittee issued the report critical of JPMorgan, said the issue of misinforming investors and the public was “conspicuously absent” from the SEC’s part of the settlement.

London critics underwhelmed by Vanessa Redgrave and James Earl Jones as Shakespearean lovers

Much Ado has a pedigree to make theater-lovers swoon: Directed by Tony-winning actor Mark Rylance, a former artistic director of Shakespeares Globe, it stars Vanessa Redgrave and James Earl Jones as sparring partners Beatrice and Benedick, two resolute singletons forced to admit they are in love. Redgrave, 76, and 82-year-old Jones are among the great actors of their generation, and showed terrific chemistry onstage in Driving Miss Daisy. They are also much older than actors who normally play the Bards bickering duo. Its not ageist to point this out Rylance has said age is a central theme of the production. And the casting certainly gives some lines an extra kick, as when Benedick greets Beatrice with Are you yet living? The critics agreed: it was unconventional, even bold. Many also felt it was unsuccessful. The Guardians Michael Billington awarded just one star out of five on Friday, calling it a senseless production of misdirected oddity ineffectively staged and puzzlingly cast. Two great actors are left struggling to find their character, and sometimes even their lines, he wrote. There was some praise for the 1940s setting in an English village billeting a band of mostly African-American U.S. troops and for a mischief-making spirit bubbling under the surface of Rylances production. Libby Purves in The Times called it one of the oddest evenings I have ever spent but gave it four stars, enchanted by Redgraves magnificent indiscipline and Jones magical twinkle … hilarious physical expressiveness and drop-dead comic timing. A Midsummer Nights Dream, directed by Michael Grandage, is a youthful, fast-paced production of the magical comedy anchored by two small-screen stars: actress Sheridan Smith and David Walliams, half of the comedy duo Little Britain. Smith, who has been garnering acclaim as a versatile stage actress in plays ranging from Legally Blonde: The Musical to Hedda Gabler, plays the fairy queen Titania in Shakespeares play about young lovers bewitched, bothered and bewildered during a mood-altering summer night. Walliams is Bottom, the pompous weaver transformed into an ass by the mischievous sprite Puck.


Markets closed Grosvenor Square London Hotel’s Facebook Contest Offers Chance to Win Overnight Stay London Marriott Hotel Grosvenor Square Plans Pampering Stay for Lucky Winner Press Release: Marriott International 21 hours ago View Photo An upscale Mayfair hotel in London’s exciting West End is giving away an overnight stay to a lucky Facebook fan. The London Marriot Hotel Grosvenor Square is treating its Facebook fans with a chance to win the overnight stay at London’s best address by entering on their Facebook page. Click here for high-resolution version LONDON, UNITED KINGDOM–(Marketwired – Sep 20, 2013) – An upscale Mayfair hotel in London’s exciting West End is giving away an overnight stay to a lucky Facebook fan. The London Marriot Hotel Grosvenor Square is treating its Facebook fans with a chance to win the overnight stay at London’s best address where they can enjoy gracious accommodations and amenities from the hotel’s Club Lounge and The Luggage Room Bar. By simply visiting , “liking” the page, and then entering their email address, contestants have the chance to win the impressive overnight package which includes two drinks from the Luggage Room, access to the hotel’s exclusive Club Lounge for breakfast, alcoholic and non-alcoholic drinks throughout the day and snacks at their leisure. The Luggage Room is a popular cocktail bar that captures the ambience and style of 1920s London, while providing its guests with an eclectic and inviting environment where Cups, cobblers, punches and martinis are among the many items served. The contest, which is now open, runs until Sept. 27, 2013 with the winner to be chosen from Facebook. Entering the contest presents an exciting opportunity for a chance to enjoy the Marriott’s renowned five-star luxuries and exceptional service in what was once a prominent London townhouse. Locatedjust seconds from Park Lane, Oxford Circus, Bond Street, Hyde Park and the world famous Selfridges, the options are limitless and the lucky winner can plan for fun and excitement, whether seeking a world-class shopping spree, a night at the theatre, fine dining or simply sightseeing in this vibrant neighbourhood filled with historic charms and endless attractions. For those who never want to leave the hotel, Gordon Ramsay restaurants offer fine dining, just steps from their door. French cuisine with an Asian twist is served for lunch and dinner at maze, where guests can order individually or create an innovative dining experience with a variety of smaller dishes. The maze Grill features expansive breakfast, lunch and dinner menus in a New York-style steakhouse atmosphere. Evening menus include savoury steaks, fine seafood and all the trimmings. About the London Marriott Hotel Grosvenor Square The London Marriott Hotel Grosvenor Square is a tasteful choice among hotels in London’s historic West End and welcomes guests with a variety of remarkable accommodations that combine early 20th century charms with contemporary features.