Top JP Morgan boss quits bank 27 years after joining as intern April 2, 2014 BLYTHE Masters, head of JP Morgan Chase’s commodities business, has quit the bank after 27 years. Masters is not joining Mercuria, the Swiss-based trading house buying up JP Morgan’s physical commodities business, although she will oversee the sale and transition. In an internal memo, chief executive Jamie Dimon and corporate and investment bank chief executive [...]
JP Morgan cuts jobs and reduces profit target as top exec quits February 25, 2014 THE BIGGEST bank in America, JP Morgan, warned of job cuts and a reduction in profit for 2014 during an investor conference yesterday. Shares in the company were down 1.72 per cent at market close after the news. Around 8,000 jobs are expected to go at the bank, the majority from its mortgage division where 17,000 [...]
Man falls from roof of JP Morgan’s Hong Kong HQ February 18, 2014 A man has fallen to his death after jumping from the roof of investment bank JP Morgan's Hong Kong office, according to the South China Morning Post. Witnesses told the paper that the man fell from the 30 storey Chater House building between 2.00pm and 3.00pm local time. Samaritans is available round the clock on [...]