A management shake-up at JPMorgan Chase bumped chief financial officer Michael J. Cavanagh to chief executive officer of treasury and security services, succeeding Heidi Miller, who was named president of Chase's international operations.

Doug Braunstein moved from head of investment banking for the Americas to CFO.

JPMorgan Securities CEO Barry Sommers was named CEO of retail affluent and investment services, a new position. His succeessor is Greg Quental, the former global hedge fund leader at Bear Stearns.

Niall Booker was tapped to succeed Brendan McDonagh as CEO of HSBC North America.

Synovus Financial president and COO Kessel Stelling stepped in as acting CEO for Richard Anthony, who took a medical leave.

Ed Yingling is stepping down as president and CEO of the American Bankers Association. The search is on for a new leader.

 

 

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.