The bank - the biggest in the United States by assets - is expected to accept the resignation of Ina Drew, its New York-based chief investment officer and one of its highest-paid executives, in the next few days, the sources said. Two of Drew's subordinates who were involved with the trades, London-based Achilles Macris and Javier Martin-Artajo, are expected to be asked to leave, they said.
The natural solution
At JPMorgan for their two-billion dollar loss isn't to punish the big boss at all, Jamie Dimon. No, they'll fire their three highest ranking minority group members.