Reuters reports that Patterson joined the bank when Lehman Brothers was acquired in 2008.
His most recent title was co-Head of Global Software, Systems & Solutions Investment Banking, according to his LinkedIn page. It wasn't yet clear what Patterson would do next.
In the meantime, Bloomberg News reports that BlackRock, the world’s biggest money manager, paid CEO Laurence Fink $23.9m in 2014, a 4% increase from the prior year.
Fink received $900,000 in salary, $9.1m in a cash bonus, $13.6m in stock awards and $192,750 in other compensation, according to a proxy filing today that calculated pay using U.S. Securities and Exchange Commission rules. Fink earned $22.9m in total compensation in 2013.
Finally, Bloomberg reports that Jesper Koll is leaving JPMorgan after running the firm’s equity-research team in Tokyo for more than five years.
Koll resigned at the end of March to pursue a 'new career opportunity', he wrote in an internal memo obtained by Bloomberg, without giving more details.