May 25 The board of JPMorgan Chase & Co
is expected to make changes to its risk-policy committee after
the bank's trading losses of more than $2 billion, The Wall
Street Journal reported on Friday, citing anonymous sources.
The board is expected to add either Timothy Flynn or James
Bell to the committee, the Journal said. Flynn and Bell have
backgrounds in risk and finance, the report said.
It was not clear whether any of the current members of the
committee would leave it, the Journal said.
A JPMorgan spokesman declined to comment on the report.
(Reporting by Lewis Krauskopf; Editing by Gary Hill)