United States and British regulators have been in discussions with JPMorgan Chase for almost a month about the trading group that on Thursday disclosed more than $2 billion in losses, according to people with direct knowledge of the matter. The bank first informed the Federal Reserve and the Financial Services Authority of Britain about the trading activities when media reports surfaced in April about a London-based trader with outsize positions, who was dubbed the “London Whale” and “Voldemort.” Since then, regulators have asked for more information about the JPMorgan group, the so-called chief investment office. As ... (full story)