(Reuters) - Electronic payment processor First Data Corp. said on Sunday it hired top JPMorgan executive Frank Bisignano as its chief executive officer, effective Monday April 29.
As earlier reported by the Wall Street Journal, Bisignano is the latest senior executive to leave the U.S. bank giant after it suffered heavy trading losses and has been under regulatory scrutiny.
Bisignano had jointly held the role of chief operating officer at JPMorgan with Matt Zames. Zames was set to fully assume the role after Bisignano's departure, according to the Wall Street Journal.
(Reporting by Richard Leong; editing by Christopher Wilson)
Mills: I reviewed the ARB report on Benghazi before publication, made “suggestions” for changes - Hot Air
War on cops: Female officer in Penn. assaulted and thrown over guardrail after stopping to help disabled vehicle
Michelle Malkin - Joe Biden's Yuck Factor
Obama's Special Assistant Resigns After Being Charged For Shooting At Police Officer - Bearing Arms - Barack Obama, Barvetta Singletary, Crime, Maryland
Do Cops' Lives Matter to Obama? | Human Events
Daniel J. Mitchell - Redistribution Is Morally Dubious, Economically Harmful, and It Doesn’t Work
A Nation of Laws No More | RedState