Masters, who turned 45 in late March, will leave the bank in a few months after assisting with the sale of its physical energy and metals business to Swiss merchant Mercuria. Many observers had not expected her to remain with the business after its sale, although her future with JPMorgan was less clear.
She will take "time off" and "consider future opportunities," according to a memo bank executives sent to employees on Wednesday….
She is known for having been part of the team that pioneered structured finance instruments which others on Wall Street took to excesses that fueled the U.S. housing bubble and set up the financial crisis of 2008….
In 2013, the bank paid $410 million to the Federal Energy Regulatory Commission to settle allegations of power market manipulation in California.
While Masters was not cited for any wrongdoing, her name is referenced in the regulator's order a number of times. The bank neither admitted nor denied any violations in the case.
JPMorgan Wants Old Friend Blythe Masters To Teach It All About The Blockchain
Hey, she DID teach them everything they know about the credit default swap.
Blythe Masters To Keep Playing It Safe With New Friends
The dowager countess of credit default swaps is making moves to grow her new Bitcoin venture.
Blythe Masters Will Teach Wall Street To Love Bitcoin By Showing It The Darkness Of Its Own Soul
You don't run commodities at a JPM without learning a little bit about the power of greed.
Blythe Masters Has Big Wall Street Suitors Lined Up Around Her Blockchain
The former Queen of Commodities didn't lose her Rolodex.