Page 11 


People News: AIG, JPMorgan, Deutsche Bank

Deutsche Bank - Foyer Bridge

American International Group, the largest commercial insurer in the U.S. and Canada, named Michael Lewis chief digital officer as the company turns to technology to simplify operations and gain an edge against smaller rivals.

Mergers and flotations stop after EU vote

European Flag

At 3am on June 24, the alarm of one of JP Morgan’s most senior London bankers rang loudly. Vis Raghavan, deputy chief executive and head of banking for JP Morgan’s EMEA division, had set it just in case Britain had made what many bankers believed would be an unthinkable decision to leave the European Union. Within the hour, it became clear that what had seemed impossible just a day ago, was now a certainty.