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JPMorgan CFO Douglas Braunstein Will Step Down

posted: 7 months ago

Super Dimon

JPMorgan Chase's Chief Financial Officer Douglas Braunstein may step down within the next couple of quarters and take on another post within the company, CNBC has learnt, according to someone familiar with Braunstein's plans.

JPMorgan Chase's Chief Financial Officer might step down and take another post within the company, the Wall Street Journal reported, citing people close to the company.

The paper's sources said that although it isn't clear where Douglas Braunstein might end up, there was a possibility he could move to JPMorgan's recently combined corporate and investment bank.   

JPMorgan was not available for comment outside of U.S. working hours.    

Last week, JPMorgan said Barry Zubrow, who was head of risk management at JPMorgan when the bank was building an overly  large position in credit derivatives, is retiring.

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