JPMorgan executive quits over loss

JP Morgan Chase chief investment officer Ina Drew, one of the highest-placed women on Wall St, is to retire in the wake of the bank's $2bn (€1.5bn) trading blunder, it has been announced.

JPMorgan executive quits over loss
Mon, 14 May, 2012 - 15:59

JP Morgan Chase chief investment officer Ina Drew, one of the highest-placed women on Wall St, is to retire in the wake of the bank's $2bn (€1.5bn) trading blunder, it has been announced.

The bank said Ms Drew, 55, would retire after more than 30 years with the company. She will be replaced by Matt Zames, an executive from JPMorgan’s investment bank.

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CourtsBusinessHeathrowPlace: United StatesPerson: Ina DrewPerson: DrewPerson: Matt ZamesPerson: Jamie DimonPerson: DimonOrganisation: JPMorganOrganisation: JP Morgan ChaseOrganisation: StOrganisation: Wall Street
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