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Cleaning up after the $2B loss, JPMorgan (JPM) is moving the "special investments group" from...
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Wednesday, May 30, 2012, 8:50 PM ETCleaning up after the $2B loss, JPMorgan (JPM) is moving the "special investments group" from the chief investment office to the corporate division. The group made PE investments and was not implicated in any of the losses, but Matt Zames - the new head of the CIO - wants his division strictly focused on basic asset-liability management.
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