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.”
    05/14/2012 - 7:29 am | View Link
  • JPMorgan execs tied to big trading loss are expected to leave bank
    The first heads are expected to roll as early as this week at JPMorgan Chase & Co., after the disclosure of a $2-billion trading loss that has rekindled ... Drew has offered to resign multiple times and her resignation is likely to be accepted this week ...
    05/14/2012 - 4:04 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
  • Reports: JPMorgan's Losses Could Top $4 Billion; Three Execs To Resign
    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 - 12:03 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
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BING SEARCH:
  • JPMorgan Chase
    JPMorgan Chase & Co. is an American multinational banking and financial services holding company. It is the largest bank in the United States, with total assets of US ...
    03/30/2015 - 7:05 pm | View Website
  • JPMorgan Chase & Co. (JPM)
    JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community ...
    03/30/2015 - 1:57 pm | View Website
  • The $9 Billion Witness: Meet JPMorgan Chase's Worst ...
    Meet Alayne Fleischmann, the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking.
    03/30/2015 - 9:04 am | View Website
  • Ina Drew, Jamie Dimon and JPMorgan Chase’s $6 Billion ...
    The JPMorgan Chase headquarters (below) and the building where Ina Drew was given an office after leaving the bank (top). Christaan Felber for The New York ...
    03/29/2015 - 10:24 am | View Website
  • Home | JPMorgan Chase & Co.
    JPMorgan Chase & Co. is a leading global financial services firm and one of the largest banking institutions in the United States , with operations worldwide.
    03/29/2015 - 2:31 am | View Website
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