The FBI opened a probe into JPMorgan Chase's recent $2 billion loss, after the Securities and Exchange Commission and the Federal Reserve said they were looking into the issue, Reuters reported.
Bloomberg reported in addition to federal regulators, the Justice Department is also opening a criminal probe, as concerns grow in Washington about regulating the banking industry.
Despite the massive loss, CEO Jamie Dimon got the backing of shareholders at the bank's annual meeting in Tampa, Florida, who for the most part gave him a pass but want those responsible to face disciplinary action.
CBS MarketWatch reported he survived a vote that would have separated his chief executive and chairman roles, replacing Dimon on the board with an independent director. As a result he will keep both of his jobs.
Dimon said on May 10 the bank made “egregious” mistakes.
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"We will do the right thing. That may well include clawbacks," Dimon told reporters after the annual meeting.
Ina Drew, chief investment officer for JPMorgan Chase, announced her retirement on Monday, the New York Times reported.
Also expected to leave are Achilles Macris, the head of the London CIO office, trader Javier Martin-Artajo and likely trader Bruno Michel Iksil, named the London Whale, according to the Wall Street Journal.
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JPMorgan shares were up 3.4 percent to $36.99 in afternoon trade. The stock is down more than 9 percent since the trading losses were disclosed, Reuters wrote.