Ina Drew to Retire Replaced by Zames as CIO

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May 14 (Bloomberg) -- JPMorgan Chase & Co. said Chief Investment Officer Ina Drew will retire after the firm suffered a $2 billion trading loss, marking the downfall of one of the highest-ranking women on Wall Street. Matt Zames, the 41-year-old co-head of global fixed income in the investment bank, will succeed Drew, New York-based JPMorgan said today in a statement. Trish Regan and Adam Johnson report on Bloomberg Television's "Street Smart." (Source: Bloomberg)


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