JP Morgan Chase’s chief administrative officer, Frank Bisignano, will now be responsible for managing mortgages, The Wall Street Journal reports. In his role as chief administrative officer, Bisignano managed JP Morgan’s recent negotiations over its buildings in London.
Bisignano will work under head of the retail-banking operations, Charlie Scharf, on home lending and continue to report to CEO James Dimon in his role as chief administrative officer. The current head of home lending, Dave Lowman, will report to Bisignano.
Click here for the story from The Wall Street Journal.
Click here for the story from Bloomberg.