People News: JPMorgan, Morgan Stanley

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JPMorgan has promoted Lori Beer to chief information officer for corporate and investment banking, replacing Mark Ashton-Rigby who left recently for Barclays.

Reuters reports that Beer has been the company's chief information officer for banking since 2014, according to a JPMorgan memo seen by Reuters. She was previously with health benefits company Anthem where she had worked for 15 years.

In the meantime, Reuters also reports that Morgan Stanley has appointed lawyer Mark Rawlinson, who has previously worked on large deals including Shell's takeover of BG, as chairman of UK investment banking, a newly created position at the bank.

Rawlinson, who has been at law firm Freshfields since joining in 1982, will join in October, Morgan Stanley said. He was head of corporate at Freshfields from 2008 to 2011, and head of London from 2011 to 2013.

MOVES-JPMorgan promotes Lori Beer to key information post

MOVES-Morgan Stanley nabs lawyer to chair UK investment banking


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