JPMC’s merger plans revealed

Although JP Morgan declined to comment on its integration programme, sources close to the bank said Bank One’s Chicago-based FX trading desks would relocate to JP Morgan’s offices in New York, with some sales staff staying in the centre.

This means John Anderson, head of FX and interest rate trading at Bank One in Chicago takes a new job in New York as global head of currency and metals risk at the newly-merged firm. He reports to David Puth, JP Morgan’s global head of currencies and commodities

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