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:
  • JPMorgan executive Ina Drew steps down after $2bn loss
    JPMorgan Chase says its chief investment officer is to leave after a $2bn (£1.2bn ... interview took the opportunity to cite the trading loss as an example as to why he pushed laws to curb the power of big banks. "JPMorgan is one of the best managed ...
    05/14/2012 - 3:43 pm | 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
  • JP Morgan chief investment officer Ina Drew 'to retire' after $2bn loss
    New York-based Ms Drew was one of JP Morgan's highest-paid executives. Three top executives involved with the huge loss which came to light last week, including Ms Drew, were expected to leave the ... of JP Morgan's chief investment office (CIO) in London ...
    05/14/2012 - 3:53 am | 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 ...
    05/13/2012 - 9:35 pm | View Link
  • JPMorgan execs set to leave, sources say
    REUTERS - Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co (JPM.N) at least $2 billion and tarnished its reputation are expected to leave the bank ... He said the huge trading loss was not "life threatening ...
    05/13/2012 - 7:54 pm | View Link
  • More
BING SEARCH:
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    03/31/2015 - 7:04 pm | View Website
  • US Top News and Analysis
    CNBC Rapid Update, which tracks forecasts from economists, fell 0.4 percent to 1.4 percent after weaker consumer spending in February.
    03/31/2015 - 5:59 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 ...
    03/31/2015 - 3:15 pm | View Website
  • Topic Galleries
    Standing in the basement dining room of a West Loop Greek restaurant Sunday afternoon, Mayor Rahm Emanuel accepted the endorsement of one of his chief antagonists ...
    03/30/2015 - 8:31 pm | View Website
  • Ed Steer's Gold & Silver Daily
    Three black crows' could spell doom for the market. Something highly unusual, and potentially quite bearish, has just happened to the stock market.
    03/28/2015 - 9:02 pm | 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