JPM Said To Restructure CIO

31 May 2012

JPMorgan Chase is said to be restructuring its chief investment office by spinning out its special investment group, which will be barred from investing in credit derivatives.

JPMorgan Chase is said to be restructuring its chief investment office by spinning out its special investment group, which will be barred from investing in credit derivatives. The special investment group was not involved in the CIO’s losses.

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