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:
  • Senator: JPMorgan strategy like a 'runaway train'
    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 ...
    03/15/2013 - 5:12 am | View Link
  • After $2B JPMorgan Loss, Senate Candidate Elizabeth Warren Calls For 'New Glass-Steagall Act' [FULL TEXT]
    Read the letter below (bolding in the original): We've seen all the headlines: JP Morgan Chase took risky bets and lost two billion dollars in a matter of weeks. CEO Jamie Dimon called the bets poorly reviewed and even sloppy. He added, We will learn from ...
    05/14/2012 - 4:37 am | View Link
  • 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
  • 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 - 10:02 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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