JP Morgan looks to pin blame for losses on credit traders

Monday, July 16, 2012

JP Morgan has for the first time cast doubts on the integrity of its chief investment office traders’ marks, in a presentation last week

TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 11 years ago [2012-07-17 01:03:53]

Brilliant, brilliant comment below .... I guess the shift to the CIO office evaded both the oversight of the regulators and of JPM's A-Team in NY (such as it was).

Comment by: Anonymous. Posted 11 years ago [2012-07-16 14:13:51]

wasn't the entire purpose of moving the trades to the CIO office precisely to AVOID oversight?..

Related Stories

Funds

more stories...