Monday, April 29, 2013

…And Another Exec Leaves After Multi-Billon Dollar Scandal


From HuffPo: JPMorgan Chase & Co. said Sunday that one of its co-chief operating officers is leaving the company, marking the latest high-profile departure since the bank's massive trading loss last year. Frank Bisignano will become CEO of payment processor First Data Corp. on Monday. Matt Zames, who was co-chief operating officer with Bisignano, will become the sole COO of JPMorgan Chase effective immediately.

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