JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss

JPMorgan investment chief resigns after $2.5 billion loss

JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss

In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost US$2 billion (S$2.5 billion) in a trading blunder, a person familiar with the matter said on Sunday, May 13, 2012. -- PHOTO: AP NEW YORK (AFP) - JPMorgan Chase said on Monday its chief investment officer Ina Drew was resigning in the wake of the bank's stunning US$2 billion (S$2.5 billion) loss on derivatives trading. Drew is 'retiring' after more than 30 years at the bank, JPMorgan said, but her departure comes days after the bank reported a huge 'egregious' loss that came under her responsibility at the bank's chief investment officer (CIO). 'Ina Drew has been a great partner over her many years with our firm,' chief executive and chairman Jamie Di...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

Tweets

@pormondejames » 14 May '12, 10pm
JPMorgan investment chief resigns after $2.5 billion loss [link] always amazing that controls did not pick this up
@_EileenGoh » 14 May '12, 4pm
Stress eh she. “@STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]”
@NEWSXOOM » 14 May '12, 3pm
@STcom: JPMorgan investment chief Ina Drew resigns after company's alarming $2.5 billion loss [link] #NEWSXooM.com
@stcom_dev » 14 May '12, 3pm
JPMorgan investment chief resigns after $2.5 billion loss: NEW YORK (AP) - JPMorgan Chase is expected to accept... [link]
@HikariSam » 14 May '12, 3pm
Any punishment? “@STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]”
@STcom » 14 May '12, 3pm
JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@racifeeee » 14 May '12, 10am
Only 2.5b? We need him at temasek! RT @STcom: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@jurvistan » 14 May '12, 9am
RT @STcom: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@TweetNewsss » 14 May '12, 8am
JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link] [StraitsTimes Money]
@DTNSingapore » 14 May '12, 8am
DTN Singapore News: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss: NEW YORK (AP) - JPMo... [link]
@zuandi76 » 15 May '12, 9am
JPMorgan investment chief resigns after $2.5 billion loss [link]
@DyronHunter » 15 May '12, 1am
JPMorgan investment chief resigns after $2.5 billion loss [link]
@chen_jiayi » 14 May '12, 5pm
RT @STcom: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@Goliath_Deviant » 14 May '12, 3pm
RT @STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@themadzhary » 14 May '12, 3pm
RT @STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@filemongoh » 14 May '12, 3pm
RT @STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@thewildestside » 14 May '12, 3pm
RT @STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@OwcAlex » 14 May '12, 3pm
RT @STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@gibchua » 14 May '12, 3pm
RT @STcom: JPMorgan investment chief Ina Drew resigns after the company's alarming $2.5 billion loss [link]
@fanaticpip » 14 May '12, 11am
RT @STcom: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@garykhan » 14 May '12, 10am
RT @STcom: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@McJace » 14 May '12, 9am
RT @STcom: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@STcom » 14 May '12, 9am
JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss [link]
@DTNSingapore » 14 May '12, 8am
DTN Singapore: JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss: NEW YORK (AP) - JPMorgan ... [link]

JPMorgan investment chief resigns after $2.5 billion loss

JPMorgan's CIO expected to leave as pressure sets in after $2.5b loss

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