According to the WSJ J.P. Morgan Chase & Co. plans to
reclaim millions of dollars in stock from executives at the center of the
trading blunder that shocked Wall Street and tarnished the reputation of CEO
James Dimon.
The nation's biggest bank is expected to claw back
compensation from individuals including Ina Drew, who ran the company's Chief
Investment Office, or CIO, according to people familiar with the bank's plans.
Ms. Drew was a top lieutenant of Mr. Dimon's before she resigned this spring
following the disclosure of the trading losses.
The bank could disclose the plans as early as Friday..
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