3 Jpmorgan Chase Execs Resign Over $2 Billion Loss

One of the most powerful women on Wall Street was ousted Sunday as heads began to roll at JPMorgan Chase in the wake of its staggering $2 billion trading loss.

Topics:  wall street   jpmorgan chase   billion   loss   
BING NEWS:
  • Three JPMorgan Chase Execs Resign After Trading Loss
    Three executives have resigned at JPMorgan Chase as CEO Jamie Dimon acknowledged federal regulators are investigating if any rules were broken in the loss of $2 billion in risky trades that he called a "terrible, egregious mistake." 24 Nov 2014
    05/14/2012 - 7:29 am | View Link
  • 3 JPMorgan execs expected to resign
    NEW YORK (AP) — JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday. The bank will accept the ...
    05/14/2012 - 12:50 am | View Link
  • Reports: JPMorgan's Losses Could Top $4 Billion; Key Exec Departs
    Three high-ranking executives, including one of the most powerful women on Wall Street, are expected to resign from JPMorgan Chase this week because of their roles in the $2.3 billion loss the bank recently suffered when some risky trades blew up in its face.
    05/14/2012 - 12:45 am | View Link
  • JPMorgan Chase execs expected to resign over $2B loss
    Executives at JPMorgan Chase & Co. are expected to resign after the bank lost $2 billion or more with a failed hedging strategy using derivatives, Reuters reports. Chief Investment Officer Ina Drew and two of Drew’s subordinates who were involved ...
    05/13/2012 - 11:33 pm | View Link
  • 3 JPMorgan execs likely to resign
    NEW YORK - Three high-ranking executives at JPMorgan Chase are expected to leave their jobs this week after a trading blunder cost the bank $2 billion, The Wall Street Journal reported Sunday. The Journal, citing people familiar with the situation ...
    05/13/2012 - 10:34 pm | View Link
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