JPMorgan loses two vice-chairmen

Jeff Mayer and Craig Overlander are departing JPMorgan after being appointed to senior positions at the bank in early April.

They were co-heads of fixed income at Bear Stearns before JPMorgan took over the bank in March. During a resulting senior management reshuffle described in an internal memo dated April 4, Mayer and Overlander were named as vice-chairmen of JPMorgan’s investment banking division.

The pair plan to leave once the merger of the two banks has closed, slated for the start of June

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