J.P. Morgan Reshuffles Investment Office Involved With London-Whale Trade

J.P. Morgan Chase & Co. has reshuffled the office responsible for a trading fiasco that cost the bank more than $6 billion. Craig Delany, who took over as head of the Chief Investment Office following the 2012 episode, now has the additional title of treasurer as the bank combines the CIO and its treasury unit into one organization.

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