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Friday, May 10, 2013

JPMorgan questions access to Bloomberg user data

JPMorgan questions access to Bloomberg user data Bloomberg has come under fire from two of its largest clients after JPMorgan and Goldman Sachs expressed concern that Bloomberg News journalists had used private details of how bankers use its powerful financial data terminals to steer their reporting.

Sources at JPMorgan said they had raised informal concerns with Bloomberg News that its reporters had used data about when its employees logged in and out of the terminal to inform their coverage of last year’s “London whale” trading loss.

http://link.ft.com/r/YIQXNN/JQTAV9/0GB0NQ/5V8FTX/OFZTZN/MQ/h?a1=2013&a2=5&a3=10

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