JPMorgan’s Michael Cavanagh To Join Carlyle Group

Co-CEO of JPMorgan Chase & Co. (NYSE:JPM)’s corporate and investment bank Michael Cavanagh will leave to become co-chief operating officer of The Carlyle Group LP (NASDAQ:CG).

Daniel Pinto will now become sole chief executive of the JPMorgan’s corporate and investment bank effective immediately.
Internal review of London Whale episode
JPMorgan Chase & Co. (NYSE:JPM) suffered . . .


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