Huffpost Business

Discord At JPMorgan Investment Office Blamed In Huge Loss

Posted: Updated:

www.nytimes.com:

Ever since JPMorgan Chase disclosed a multibillion-dollar trading loss this month, the central mystery has been how a bank known for its skill at risk management could err so badly.

As early as 2010, the senior banker who has been blamed for the debacle, Ina Drew, began to lose her grip on the bank’s chief investment office, according to current and former traders. She had guided the bank through some of the most rugged moments of the 2008 financial crisis, earning the trust of Jamie Dimon, JPMorgan’s chief executive, in the process.

Read the whole story at www.nytimes.com

Around the Web

Ina Drew, the Woman Who Backed JPMorgan's Bad Bet - The Daily ...

Was JP Morgan Chase's CIO Ina Drew Pushed Off the Glass Cliff ...

Ina R. Drew Profile - Forbes.com

Ina Drew, JPMorgan Chase CIO, Retires Amid Huge Trading Loss

JPMorgan Chase CIO Ina Drew Expected to Resign | Video - ABC ...

JPMorgan Chase CIO Ina Drew Resigns - ABC News

Ina Drew: JPMorgan's Sacrificial Ma'am -- Daily Intel

Ina Drew, JP Morgan Chief Investment Officer, retiring after $2 billion ...

Ina Drew, the Woman Who Backed JPMorgan's Bad Bet

Ina Drew retiring after JPMorgan losses. Will she get $14.7 million?