A high-ranking JPMorgan Chase & Co (JPM.N) executive responsible for revamping the bank’s anti-money laundering practices after U.S. regulators found lax controls has left in recent days, according to internal memos read to Reuters and confirmed by the bank. Patrick Moore, a long-time JPMorgan executive who took over as global head of financial crimes investigations in May 2014, is being replaced by Peter Neilson, formerly the head of anti-money laundering compliance for JPMorgan’s consumer and community banking.
Published in TZ Latest News 24 June, 2015 by The TZ Newswire Staff
Exclusive: JPMorgan executive chosen to rebuild transaction-policing unit leaves
Published in TZ Latest News 24 June, 2015 by The TZ Newswire Staff
Exclusive: JPMorgan executive chosen to rebuild transaction-policing unit leaves
A high-ranking JPMorgan Chase & Co (JPM.N) executive responsible for revamping the bank’s anti-money laundering practices after U.S. regulators found lax controls has left in recent days, according to internal memos read to Reuters and confirmed by the bank. Patrick Moore, a long-time JPMorgan executive who took over as global head of financial crimes investigations in May 2014, is being replaced by Peter Neilson, formerly the head of anti-money laundering compliance for JPMorgan’s consumer and community banking.