Jpmorgan Execs Tied To Big Trading Loss Are Expected To Leave Bank

Three employees involved in the unit at fault for the $2-billion blunder are said to be exiting as early as this week.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 fears about excessive risk taking on Wall Street.

Topics:  jpmorgan chase    co   wall   street   expected   trading loss   early   
BING NEWS:
  • Why JPMorgan's Regulatory Fixes May Fall Short
    Since 2009, regulators have cracked down on the bank over everything from derivatives sales to its mishandling of a giant trading loss to credit card debt collections ... criminal investigation for practices tied to sales of mortgage-backed bonds that ...
    08/12/2013 - 8:36 am | View Link
  • JPMorgan executives to leave over trading loss-sources
    LONDON/NEW YORK, May 14 (Reuters) - JPMorgan will move to limit the fallout from a shock trading loss that could reach $3 billion ... Macris and Javier Martin-Artajo, are also expected to be asked to leave, they said. Neither was available for comment ...
    05/14/2012 - 4:01 pm | View Link
  • JPMorgan Execs To Leave Over $2B Loss, Warren Tells Dimon To Resign From NY Fed
    (REUTERS) - JPMorgan will move to limit the fallout from a shock trading loss that could reach $3 billion or ... London-based Achilles Macris and Javier Martin-Artajo, are also expected to be asked to leave, they said. Neither was available for comment ...
    05/14/2012 - 5:35 am | View Link
  • Three Executives at JPMorgan Chase Slated to Resign After Fail Whale Trades
    Two of Drew’s subordinates who were involved with the trades, London-based Achilles Macris and Javier Martin-Artajo, are also expected to be asked to leave ... this kind of staggering loss in a relatively placid trading environment makes the case ...
    05/14/2012 - 4:42 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 fears about excessive risk taking on Wall Street. Three employees involved in the unit at fault for the ...
    05/14/2012 - 4:04 am | View Link
  • More
BING SEARCH:
  • The J.P. Morgan Chase Watch
    The J.P. Morgan Chase Watch. Click here for Inner City Press' weekday news reports, from the United Nations and elsewhere.
    11/28/2014 - 5:38 pm | View Website
  • Technology and Science News
    News stories along with podcasts, video and blogs. USA.
    11/28/2014 - 2:32 pm | View Website
  • Latest News Headlines
    Please note that once you make your selection, it will apply to all future visits to NASDAQ.com. If, at any time, you are interested in reverting to our ...
    11/28/2014 - 2:24 pm | View Website
  • Investor Center
    by Eric Volkman Nov 27th 2014 6:00AM. This year's most successful IPOs include GoPro, Immune Design and Radius Health, which are all harnessing the power of technology.
    11/28/2014 - 12:08 pm | View Website
  • Healthcare business news, research, data and events from ...
    The leader in healthcare business news, research & data
    11/28/2014 - 10:50 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News