parajumpers norge Reporting By Karey Wutkowski

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Earlier on Friday,parajumpers norge, JPMorgan said it was paying no severance to the managers in its London office responsible for its roughly $6 billion trading loss for the first half and is taking back bonuses for prior years from some.
"While details are still forthcoming,parajumpers no, JPMorgan's announcement today that it will claw back compensation from employees responsible for the massive trading loss and poor risk management is welcome news,parajumpers jakker," said Senate Banking Chairman Tim Johnson. "It shouldn't take a congressional hearing for JPMorgan to realize that bank employees should not be rewarded for excessively risky behavior,kjøpe moncler, and the bank should hold everyone involved in this blunder accountable."
(Reporting By Karey Wutkowski,parajumpers jakke; Editing by Lisa Von Ahn)