e -- it may still be too strong. Jamie's note will outline the key changes, so I think this one should be aimed at reassuring people. Message from Steve Black and Jes Staley: Following Jamie's note, we wanted to send a note to IB employees on the organization changes. First, we would like to extend our en

es executive ranks at its investment bank, announcing the departure of co-CEO Bill Winters and naming Jes Staley to the position, and making co-CEO Steve Black executive chairman. The moves suggest strongly that Staley is the board's choice to succeed Jamic Dimon in charge of the company. Rich Kahn HBRK A

aley, a 30-year employee of JPMorgan, to the role of the investment banking chief and de facto heir apparent is a bold one. It also involved moving Steve Black from co-head of investment banking to executive chairman of that unit. In one sudden move, Mr Dimon had reshuffled the only management team among t

ooks. On Saturday night, March 15, after the reports from these due diligence teams began to make their way back to JPMorgan management, JPMorgan's Steve Black and Doug Braunstein called defendant Schwartz. They told him that, given the state of the Company's exposure, JPMorgan's bid for the Company's stoc