: Stung by a huge trading loss, JPMorgan Chase will replace three top traders starting on Monday, including one of the top women on Wall Street, in an effort to stem the ire that the bank faces from regulators and investors.
They are the first departures of leading officials since Jamie Dimon, the chief executive, disclosed the banks stunning $2-billion loss on Thursday.
The huge scope of the complex credit bet caught senior bank officials off guard when it began to sour last month and has set off renewed regulatory scrutiny of the industry. Dimon has largely sidestepped blame for the loss, although he has offered numerous apologies for the blunder, the biggest of his eight-year tenure at JPMorgan, the largest bank in the United States.
Ina Drew, a 55-year-old banker who has worked at the company for three decades and is the chief investment officer, stepped aside on Monday. Dimon said Drews vast
... contd.
No hay comentarios:
Publicar un comentario