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

JP Morgan veteran Ina Drew quits after $2bn trading loss

matt-zames

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

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