Thursday, October 4, 2012

New Shuffle at J.P. Morgan




From WSJ: Barry Zubrow, a trusted lieutenant of J.P. Morgan Chase JPM +2.35% & Co. Chief Executive James Dimon, is expected to give up his job as regulatory affairs chief in what would be the latest reshuffling to follow a multibillion-dollar trading blunder.

The change is expected before year-end, said people close to the bank. It is possible the 59-year-old executive will remain with the company in an advisory role, these people added.

Mr. Zubrow was chief risk officer from November 2007 to January 2012 and was a key member of Mr. Dimon's team during the financial crisis....

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