Winters out in JPMorgan reshuffle

30 Sep 2009

Bill Winters, co-chief executive of JPMorgan’s investment bank and the architect of the firm’s rise in Europe and Asia, is to leave the bank as part of a senior management reshuffle.

The firm says that it wants to establish a succession chain for chairman and chief executive Jamie Dimon.

Winters, the firm’s most senior banker in Europe and Asia, will be replaced by Jes Staley, who steps up to the position of chief executive of the investment bank from head ...

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