Thursday, March 14, 2013

JPMorgan execs, but not Dimon, to testify on ’Whale’ trade





Current and former top executives of JPMorgan Chase will appear before a Senate panel on Friday to testify about the multibillion dollar “London Whale” trading loss, but Chief Executive Jamie Dimon will not be a witness.


The Senate Permanent Subcommittee on Investigations released a witness list for the hearing, which included Ina Drew, the former chief investment officer who ran the London-based group responsible for the US$6 billion (HK$46.5 billion) trading loss.









via Business feed http://www.scmp.com/business/companies/article/1190430/jpmorgan-execs-not-dimon-testify-whale-trade

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