Blythe Masters, credited with creating the credit default swap while at JPMorgan Chase & Co. (NYSE:JPM), is leaving the bank according to a report in the Wall Street Journal. “Blythe Masters has informed us of her intention to leave the firm, take some well-deserved time off and consider future opportunities,” said a memo reviewed by the Journal, which was signed by J.P. Morgan Chief Executive James Dimon and Daniel Pinto, chief executive of J.P. Morgan’s investment bank. After staring as an intern 27 years ago, Blythe Masters rose to run the investment bank’s commodity trading division. People around her called her “a brilliant…
Blythe Masters Leaves JPMorgan After Notable Career
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.