More JPMorgan Shakeups in Wake of London Whale Trading Debacle
Filed under: JP Morgan Chase, Citigroup, Stocks in the News, Banking
The post-“London Whale” housecleaning at JPMorgan Chase (JPM) isn’t over yet.
On Thursday, the country’s biggest bank by assets announced sweeping changes in both its top-level management and its organization. The changes, the bank said in a statement, will help it “better serve consumer customers” as well as “benefit corporate and investor clients around the world.”
On the management side, Matt Zames will remain head of the bank’s chief investment office, but will also become co-chief…
More JPMorgan Shakeups in Wake of London Whale Trading Debacle originally appeared on DailyFinance.com on 2012-07-27T18:07:00Z.
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