![]() ![]() Employees in the CIO get a smaller share of their trading profits than those in the investment bank, giving Dimon a cost-management incentive to direct more trading through the CIO, one former executive said. That compares with $58 million for the investment bank, which includes Wall Street’s biggest stock- and bond-trading units.‘Extraordinary Platform’Īnother sign: The relationship between the CIO and the investment bank’s sales and trading desks is strained, two former employees said. JPMorgan’s annual report for 2011 shows that the CIO stood to lose as much as $57 million on most days of the year. bank, says the CIO manages the firm’s risks, with trades like Iksil’s forming a part of that effort. JPMorgan, whose $2.27 trillion of assets at year- end made it the biggest U.S. ![]() regulators face in curbing speculative bets by federally backed lenders under the so-called Volcker rule. ![]() The shifting role of the CIO group at JPMorgan, which reported record firmwide profit for 2011, underscores how blurry the line can be between “proprietary trading” and hedging, and it highlights the challenge U.S. 正如彭博所说: Macris’s team amassed a portfolio of as much as $200 billion, booking a profit of $5 billion in 2010 alone - equal to more than a quarter of JPMorgan’s net income that year, one former senior executive said. ![]()
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