Winters and Masters rise in JP Morgan Chase reshuffle
The moves came as JP Morgan Chase chairman and chief executive William Harrison named David Coulter executive chairman of investment banking – he previously held the title of chief executive.
Coulter’s promotion prompted some market participants to speculate that he might challenge Bank One chairman and chief executive Jamie Dimon as the future heir to Harrison's role.
JP Morgan Chase is currently buying Bank One for $58 billion.
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