JP Morgan To See Change In Top Management

JP Morgan Chase’s commercial-banking head Todd Maclin and top international executive Heidi Miller are likely to step down from their respective roles.

JP Morgan Chase’s commercial-banking head Todd Maclin and top international executive Heidi Miller are likely to step down from their respective roles, The Wall Street Journal reports. Miller is expected to retire, while Maclin is likely to take another role within the bank.

Douglas Petno, who was moved from a position in JP Morgan’s investment bank to its commercial bank, is likely to replace Maclin. New York-based JP Morgan’s CEO James Dimon has lost six members of his operating committee since becoming CEO.

Click here for the story from The Wall Street Journal.