The JPMorgan Shuffle Continues: JPMorgan cannot stop revamping its organization chart. One month after an overhaul of its corporate and investment banking division and a week after two upper-level departures, multiple news outlets are reporting the bank's chief financial officer Douglas Braunstein will step down by the end of the year. The move isn't all that surprising given Braunstein found his role significantly diminished during another major executive shake-up back in September due largely to the botched London Whale trades. Both Braunstein and JPMorgan have yet to comment on the news, broken initially by the Journal and credited to "people close to the company." Braunstein is not expected to leave JPMorgan completely, but, instead, will take on a different job at the bank. Sources say this new role could be at the firm's corporate and investment division. New York Times, Financial Times

Dimon's Two Cents: Meanwhile, the one apparent constant in JPMorgan's hierarchy, CEO Jamie Dimon ranted both figuratively and literally on Washington yesterday with various new outlets gleaning on to different choice quotes from a speech he gave at the Council on Foreign Relations. Among the very many things Dimon remains mad or concerned about are the fiscal cliff ("I just think it's terrible policy to let us get close,"), overregulation ("When people make mistakes, they're attacked by 17 different agencies as opposed to the old days it would be just the one that's responsible,") and the deal he brokered with the Federal Reserve for Bear Stearns ("Would I have done Bear Stearns again, knowing what I know today? It's real close.") You'll notice JPMorgan itself conspicuously missing from the diatribe. CNN, Washington Post, Wall Street Journal, American Banker

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