Why I'm Not Scared of the JPMorgan Chase & Co. Exodus
Another of JPMorgan's top brass is now leaving the company. Blythe Masters, a 27-year JPMorgan veteran who oversees the firm's physical commodities unit, will be staying on long enough to complete the sale of the unit to Mercuria Energy Group for $3.5 billion, before moving on to other things. She is the latest in a series of exits by top ranking executives at JPMorgan, including Frank Bisignano and Mike Canvanagh. Is this an exodus that investors should be concerned about?
In this video, Motley Fool financial analysts David Hanson and Matt Koppenheffer take a look at JPMorgan and the top executives that have left the firm recently. David discusses his thoughts on the company lately, and why a shake-up in its top management might not be such a bad thing.
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The article Why I'm Not Scared of the JPMorgan Chase & Co. Exodus originally appeared on Fool.com.David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer owns shares of JPMorgan Chase. The Motley Fool owns shares of JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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