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JPMorgan (JPM) reportedly taps senior mortgage executive Craig Delany to head the newly...

JPMorgan (JPM) reportedly taps senior mortgage executive Craig Delany to head the newly refocused and now conservative Chief Investment Office (CIO). The CIO is charged with investing the cash piled up when loans don't keep up with deposits.
Comments (1)
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    I love it when cash piles up.

     

    They should rename the traders "London Smelts".
    6 Sep 2012, 03:41 PM Reply Like
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