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   
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    Current and former JPMorgan Chase executives, including ex-chief investment officer Ina Drew, are in Washington to testify about the bank's $6 billion London Whale losses before the Senate's Permanent Subcommittee on Investigations, led by Democrat Carl ...
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  • 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 ... Street Journal said the other two ousted execs were Achilles Macris, who ran the London ...
    05/14/2012 - 1:42 am | View Link
  • Drew first to go in JPMorgan Chase purge following $2.3B trading blunder
    JPMorgan Chase ... say that the execs could also lose their bonuses to “claw backs.” A JPMorgan spokesman declined to comment. The so-called “London Whale,” the French-born Bruno Iksil, who has been widely linked to a huge $100 billion bet ...
    05/13/2012 - 5:00 pm | View Link
  • Heads begin to roll at JPMorgan after losing £1.25bn in 'Voldemort' banker fiasco with two London execs shown the door
    Two London-based executives were forced out of crisis-hit JPMorgan Chase as heads begin to roll in the wake of the £1.25billion trading loss fiasco. Achilles Macris, who ran the London desk that made the botched trades, was expected to depart along with ...
    05/13/2012 - 4:32 pm | View Link
  • 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.”
    05/13/2012 - 3:00 pm | View Link
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