Zames’ star ascends in latest JPMorgan shakeup

JPMorgan Chase said 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 US bank.

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 bank said.

In the latest move, Zames now has sole responsibility in another critical senior post at JPMorgan.

via Business feed http://www.scmp.com/business/banking-finance/article/1225833/zames-star-ascends-latest-jpmorgan-shakeup