JPMorgan Chase Compliance Chief Said To Leave For First Data

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Mark Melin
Published on
Updated on

The shakeups continue at JPMorgan. It was reported today that JPMorgan Chase & Co. (NYSE:JPM) is losing its second chief compliance officer in as many years amidst never before seen regulatory and legal challenges at the bank. Compliance chief leaves to work with former JPMorgan executive Cindy Armine, the compliance chief for less than a year, is leaving and is expected to take a similar position at First Data Corporation, according to a report in the Wall Street Journal. First Data is run by former JPMorgan Chase & Co. (NYSE:JPM) executive Frank Bisignano, who has recruited several former JPMorgan executives since…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.