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
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