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Zames' Star Ascends in Latest JPMorgan Shakeup

Apr 29, 2013 - Reuters Hedgeworld (New York)
Board and Executive Moves

NEW YORK (Reuters) - JPMorgan Chase & Co. said on Sunday [April 28] Matt Zames will fully assume the role of chief operating officer as his former partner in the job leaves, which was part of the latest management shakeup at the biggest U.S. bank.

Mr. Zames, who has been seen as a strong candidate to succeed the bank's Chief Executive and Chairman Jamie Dimon, had been co-chief operating officer with Frank Bisignano, the New York-based bank said in a statement.

In the latest move, Mr...