Tag Archive | "JPMorgan"

JPMorgan Posts Trading Loss on 41 Days as 'London Whale' Unwinds

Posted on 28 February 2013. Tags: , , , , , , ,

JPMorgan Posts Trading Loss on 41 Days as 'London Whale' Unwinds Chief Executive Officer Jamie Dimon, 56, ousted traders and managers and replaced senior managers after the firm's chief investment office had more than $ 6.2 billion in losses last year in the so-called London Whale episode. The unit, assigned to … Full News here [...]

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JPMorgan To Claw Back Millions From Ina Drew, London Whale

Posted on 11 July 2012. Tags: , , , , , , ,

JPMorgan To Claw Back Millions From Ina Drew, London Whale Bank to reclaim pay from former executives in chief investment office responsible for trading blunder. Full News here – Read more on Forbes

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