Pinto unveils management changes at JPM investment bank


As expected, new JPMorgan (JPM) investment bank head Daniel Pinto unveils a number of management changes inside his division aiming to simplify the chain of command and give bigger roles to some veteran leaders.

According to an internal memo sean by DealBook, Carlos Hernandez - head of the bank's investor services - is promoted to co-head of global banking alongside Jeff Urwin. The promotion formally puts two leaders in charge of the three main parts of the division: Investment banking, corporate banking, and treasury and security services. Prior to today's change, Don McCree headed two of those units, but he is retiring.

The other major change today is the promotion of analyst Joyce Chang - known for her coverage of fixed income and emerging markets - to global head of research, replacing Tom Schmidt who had let it be known he's looking for a different role.

Full memo is in the DealBook article

Previously: More management changes coming at JPMorgan

From other sites
Comments (1)
  • Tradevestor
    , contributor
    Comments (5011) | Send Message
     
    Here is a look at JPM http://seekingalpha.co...
    7 Apr 2014, 11:30 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs