J.P. Morgan Chase & Co. shook up its top management,
elevating two executives who mopped up the "London whale" trading
mess and stripping power from the bank's top finance officer and
investment-bank boss, the WSJ reports.
The moves on Friday constitute the third major J.P. Morgan
executive suite reshuffling in little more than a year, narrowing the field of
potential successors to 56-year-old Chief Executive James Dimon. Mr. Dimon is
expected to stay in his role for several more years, and board members want to
see how younger executives perform in larger roles as they assess their
potential for future leadership of the ...
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