iBankCoin
Joined Nov 11, 2007
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$JPM’s CFO Said to Be Stepping Down Soon

 

“(Reuters) – JPMorgan Chase and Co’s chief financial officer, Doug Braunstein, may step down and take another position with the bank, a person familiar with the matter told Reuters.

The move would be the latest management change at the bank, which has been roiled by $6 billion of losses from bad bets on derivatives.

The person familiar with the matter said Wednesday that any shift would be Braunstein’s decision, and would be unrelated to the trades.”

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