JPMorgan Executives Ousted in a $200 Million Probe Land New Jobs – Bloomberg Law

Wall Streeters shuddered as the news broke last year that U.S. regulators were examining whether bank employees were using personal phones to text about business with each other and clients — a rule that just about everyone seemed to be breaking.

Yet for those quietly worrying, there’s a silver lining emerging: It doesn’t appear to be a career killer.

Shortly after being ousted over the scrutiny, a trio of executives from JPMorgan Chase & Co. — the first bank hammered by authorities in the widening probe — landed new jobs in the industry. The firm itself paid $200 million in …

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