JP Morgan Chase retail counsel leaves bank
Matthew Biben, JPMorgan Chase & Co’s retail-banking general counsel, has left the bank in an overall three years of service.
The position was filled by his replacement, Jill Centella, global head of litigation and acting consumer and community.
Biben headed up the legal function generating $43bn in revenue, including the bank’s card and merchant services, auto finance and wealth management groups, managing over 425 lawyers.
JP Morgan has recently been consolidating its units into four business lines – corporate and investment banking, consumer and community, commercial, and asset management.
In the first quarter of 2014 the consumer and community banking team generated $1.9bn.
Centella will overtake Biben’s role over the following period while the bank decides how to be replaced permanently.
Source: thelawyer
