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 to resign in wake of epic $2 billion trading 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 - 9:42 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
  • 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
  • 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.
    05/13/2012 - 10:17 pm | View Link
  • REFILE-UPDATE 5-JPMorgan execs set to leave, sources say
    May 13 Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion and tarnished its reputation ... Drew had repeatedly offered to resign in recent weeks , after the magnitude of the debacle became clear ...
    05/13/2012 - 6:26 pm | 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 - 6:00 pm | View Link
  • JPMorgan Chase Exec Ina Drew Resigns After Monster Trading Snafu
    JPMorgan’s massive, “flawed complex, poorly reviewed” $2 billion-losing ... offered to resign since the scale of the loss became apparent in late April, but Mr. Dimon had held off until now on accepting it, several JPMorgan Chase executives said.
    05/13/2012 - 2:34 pm | View Link
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