JPMorgan Names Hernandez, Blythe Masters to New Posts

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JPMorgan Chase & Co., the biggest U.S. bank, named Carlos Hernandez head of investor services and announced new leadership for the corporate and investment bank division formed in July.

Hernandez, who had run equities, takes over a business that combines the New York-based firm’s prime-brokerage, financing and securities-services units, JPMorgan said today in a memo obtained by Bloomberg News. Tim Throsby, who led equity derivatives, will take over as head of equities, according to the memo, the contents of which were confirmed by Jennifer Zuccarelli, a company spokeswoman. The Wall Street Journal reported the appointments earlier today.