Sunday, May 13, 2012

Ina drew

  • NEW YORK — JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday.
  • (Huffington Post)
  • JPMorgan Chase executive Ina R. Drew earned $15.5 million in 2011. She resigned over the banks $2 billion trading loss announced last week.
  • (New York Daily News)
  • The company is expected to accept the resignation of Ina Drew, its chief investment officer and one of its highest-paid executives, in the next few days, the sources said.
  • (Chicago Tribune)
  • Ina R. Drew has been a survivor throughout her career, rising in the banking ranks despite fallout around her. Until now. In the wake of JPMorgan Chases disclosure last week of $US2 billion ($1.
  • (The Australian)
  • Ina Drew, who oversees the unit, is among three people set to leave, the Wall Street Journal reported yesterday, citing unidentified people familiar with the situation. Joseph Evangelisti, a bank spokesman, said Drew would have no comment.
  • (Bloomberg)
  • The $2 billion trading loss at JPMorgan Chase will claim its first casualty among top officials at the bank as early as Monday, with chief executive Jamie Dimon set to accept the resignation of the executive who oversaw the trade, Ina Drew.
  • (CharlotteObserver.com)
  • The first round of departures is starting at the top. No, not CEO Jamie Dimon, but his chief investment officer Ina Drew. Drew, 55, is one of the most powerful women on Wall Street.
  • (Forbes)
  • The bank will accept the resignation of Ina Drew, its chief investment officer, the person told the Associated Press, speaking on the condition of anonymity because the person was not authorized to discuss the decision publicly.
  • (Washington Times)
  • JPMorgan Chase Co. (JPM) Chief Investment Officer Ina R. Drew, head of the unit responsible for a $2 billion trading loss, built a 30-year career at the largest U.S. bank by embracing risk and avoiding the spotlight.
  • (Bloomberg)

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