17:44 • 1 year ago

JPMorgan Chase CEO Jamie Dimon to testify before Congress

last week News broke that a a trading error by JPMorgan Chase led to at least $2 billion in losses for the company. Chief Investment Officer Ina Drew, one of the highest-paid female execs in the financial industry, was let go as a result.
today The Senate Banking Committee announced that JP Morgan Chase CEO Jamie Dimon has been invited to testify on the matter after a series of hearings on Dodd-Frank’s new regulations, which should end on June 6. source

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