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
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