JP Morgan Shuffles European FX Staff After Spate Of Management Departures


JP Morgan has shuffled its senior foreign exchange managers to replace a recently departed co-head of the capital markets and swap marketing group. Managing director Stephen Sinacore is being transferred to New York to co-head the group with managing director Joseph Cook, whose position is unchanged.

Sinacore replaces managing director Peter Bernard, who resigned from the bank several weeks ago to take a position at a management firm in Boston. Officials at Morgan say Bernard's move is unrelated

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