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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    (Reuters) - JPMorgan Chase & Co unveiled a $20 billion investment plan on Tuesday to hike wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and a more favorable regulatory environment.
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    (Newser) – JPMorgan has officially signed off on a $1.7 billion settlement laying to rest complaints ... "We do not believe that any JPMorgan Chase employee knowingly assisted Madoff's Ponzi scheme," a spokesperson said. The Justice Department must ...
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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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  • 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 - 1:42 pm | 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 ...
    05/14/2012 - 5:00 am | View Link
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