Monday 14 May 2012

JPMorgan execs tied to big trading loss are expected to leave bank

Three employees involved in the unit at fault for the $2-billion blunder are said to be exiting as early as this week.

The first heads are expected to roll as early as this week at JPMorgan Chase & Co., after the disclosure of a $2-billion trading loss that has rekindled fears about excessive risk taking on Wall Street.


Source: http://feeds.latimes.com/~r/latimes/business/~3/1oPcrFnAulA/la-fi-jpmorgan-resignations-20120514,0,7721865.story

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