JPMorgan’s Frank Bisignano Said to Be Leaving Company, NYT Says

Frank Bisignano, co-chief operating officer of JPMorgan Chase & Co. (JPM), is expected to leave as soon as this week, the New York Times reported, citing several people familiar with his decision.

Bisignano will become First Data Corp.’s chief executive, the newspaper said, citing the people familiar. A JPMorgan spokeswoman declined to comment to the Times.

The latest executive departure follows on the heels others who have left the bank, including Heidi Miller, James Staley, Bill Winters and Steve Black.

Bisignano had been promoted to co-COO in July along with Matt Zames, the Times said.

To contact the editor responsible for this story: Dan Hart at dahart@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.