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JPMorgan says CIO Ina Drew to retire, Matt Zames to take over JPMorgan Chase & Co said Chief Investment Officer Ina Drew will retire after the firm suffered a $2-billion trading loss, marking the downfall of one of the highest-ranking women on Wall Street.
Matt Zames, the 41-year-old head of global fixed income in the investment bank, will succeed Drew as CIO, New York-based JPMorgan said on Monday in a statement. The entire London staff of the bank’s chief
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