On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1450 AM Holland, MI

Weather

Current Conditions(Holland,MI 49422)

More Weather »
39° Feels Like: 31°
Wind: WNW 14 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 57°

Tonight

Showers Late 39°

Tomorrow

AM Clouds/PM Sun 49°

Alerts

JPMorgan plans to name risk or finance experts to board: source

A sign stands in front of the JPMorgan Chase & Co bank headquarters building in New York, March 15, 2013. REUTERS/Lucas Jackson
A sign stands in front of the JPMorgan Chase & Co bank headquarters building in New York, March 15, 2013. REUTERS/Lucas Jackson

(Reuters) - JPMorgan Chase & Co expects to name two directors with expertise in risk or finance to its board, according to a person familiar with the matter.

The appointments, to come this year, will follow the resignations on Friday of two members of the board who had been on the panel's risk committee when the company made its "London Whale" derivatives trades that ultimately cost it more than $6.2 billion and damaged its reputation.

(Reporting by David Henry in New York; Editing by Gary Hill)

Comments