JPM Pads Drew’s Retirement With $21.5M in Stock

June 29 (Bloomberg) -- Bloomberg's Dawn Kopecki reports that JPMorgan Chase & Co.’s decision to let Chief Investment Officer Ina Drew retire four days after the bank disclosed a $2 billion loss in her division allowed her to walk away with about $21.5 million in stock and options. She speaks on Bloomberg Television's "Market Makers."

Will Snap Open the Floodgates for Other IPOs?
02:28 - Perhaps even more than in the typical debate over tech company IPOs, opinions are split on whether Snapchat's shares are worth buying in its initial public offering and whether it will prove a fit and lasting public company. The answer to the first question will come on Wednesday, when Snapchat is expected to close its first stock sale to the public. Bloomberg's Alex Barinka and Sarah Frier have more on "What'd You Miss?" (Source: Bloomberg)
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