Sunday, May 13, 2012

Report: 3 JPMorgan executives to resign

 

FILE - In this Feb. 11, 2009 file photo, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, center, flanked by Goldman Sachs & Co. Chief Executive Officer and Chairman Lloyd C. Blankfein, left, and Bank of New York Mellon Chairman Chief Executive Officer Robert Kelly, are seen on Capitol Hill in Washington during a House Financial Services Committee hearing. Dimon had to face stock analysts and reporters on Thursday, May 10, 2012, and confess to a “flawed, complex, poorly reviewed, poorly executed and poorly monitored” trading strategy that lost a surprise $2 billion. (AP Photo/Lawrence Jackson, File)Three high-ranking executives at JPMorgan Chase are expected to leave their jobs this week after a trading blunder cost the bank $2 billion, The Wall Street Journal reported Sunday.

Report: 3 JPMorgan executives to resign
Sun, 13 May 2012 21:03:19 GMT

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