People: JP Morgan veteran Ina Drew quits after $2 billion trading loss

Losses in London-based chief investment office claim first casualty, JP Morgan drafts in fixed income co-head to steady the ship; Coutte becomes latest senior figure to leave SG CIB's fixed income and forex business; LCH.Clearnet creates CRO role; forex reshuffle at Barclays


Ina Drew, chief investment officer at JP Morgan in New York since 2005, became the first high-profile casualty of the bank’s recent $2 billion trading loss when she quit her position in mid-May.

Her departure brought to an end a 30-year career at JP Morgan. Further departures from the chief investment office (CIO), the unit responsible for the losses, are expected in the following weeks. However, sources at the firm indicate that any resignations or firings have been put on hold pending the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here