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Jamie Dimon - The Succession

Tongues are wagging following the announcement last week that JPMorgan Chase CEO Jamie Dimon had shuffled his executive pack once again, so as to give senior troops more opportuinity to impress, and more experience to be in with a shot of taking over from him.

UK Banks Under More Pressure To Rein In Bonuses (For Years)

The Daily Telegraph reports that UK banks have been advised by regulators and monetary authorities that they will need to 'rein in bonuses and slash dividends for years to come if they are to boost reserves and ready their balance sheets' to comply with new capital-adequacy rules planned for later this year.

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Morgan Stanley building

People News: Goldman Sachs, Morgan Stanley

Patrick de Nonneville, Goldman Sachs’s co-head of European interest-rates trading, left the bank and is working with a new company focused on lending for small and medium-sized businesses in France.

Brian Fonzie Moynihan

Bank of America does deal over independent chair concerns

An activist investor group said it is withdrawing a shareholder resolution that called for Bank of America to have an independent board chair, easing some of the pressure the bank faced after giving its Chief Executive Brian Moynihan the additional title of chairman last year.