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." 9 Apr 2014, 1:05 AM PDT
    05/14/2012 - 7:18 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 with the ...
    05/14/2012 - 1:28 am | View Link
  • Finance Report: Three JPMorgan execs to resign over $2B loss
    NEW YORK (AP) 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 ...
    05/14/2012 - 1:05 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 - 12:00 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.
    05/13/2012 - 11:45 pm | View Link
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