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Beaching of the Whale: Investment Bank JP Morgan is Fined $920 Million

A near-billion dollar slap on the wrist for investment bank JP Morgan after it failed to prevent huge trading losses.

Regulators lambast controls at the Wall Street bank JP Morgan and fine it almost a billion dollars for failing to prevent huge trading losses. We ask what more should have been done to tame the 'London Whale' - the trader who is believed to be responsible. And, as police in Singapore arrest the alleged leader of a global match-fixing ring, we find out whether football is really getting to grips with corruption.

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29 minutes

Broadcast

  • Thu 19 Sep 2013 16:32GMT