The boss of the British-based trader
thought to have cost one of the world's biggest banks $2billion in
trading losses was herself paid $14million last year.Ina Drew, 54, is considered one of the most powerful women on Wall Street and has been at the head of JP Morgan Chase's London-based Chief Investment Office since February 2005.
Regarded as a key lieutenant of chief executive Jamie Dimon, she was effectively in charge of Bruno Michel Iksil, the Frenchman nicknamed 'Voldemort' and 'the London Whale'.
She received a cash bonus of $4.7m, a share award of $7.1m, options worth $1.5 million and a base salary of $750,000, according to regulatory filings by the bank.
The bank's ‘black hole’ - equivalent to £1.2billion - was revealed during its second quarter amid fears Mr Iksil's trades could cost JP Morgan a further £750 million in the coming months. Read More
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