JPMorgan’s Rosen, Head of Credit Trading in Americas, to Leave

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JPMorgan Chase & Co., the second-largest U.S. bank by assets, said Eric Rosen is leaving as head of credit trading for North America.

Kevin Corgan, previously head of high-yield trading, and Rob Milam, who was in charge of high-grade trading, will split Rosen’s job, according to a memo from Daniel Pinto and Matt Zames, co-heads of the New York-based bank’s fixed-income division. The contents of the memo were confirmed by spokesman Brian Marchiony.