JPMorgan Chase reshuffles senior management

JPMorgan Chase, the second largest bank in the U.S., has named Douglas Braunstein, a veteran investment banker as chief financial officer as part of its latest shuffling of the company's top ranks. "People should try different jobs and be prepared for them," said CEO Jamie Dimon. "At the end of the day, the board will make a decision about succession." Dimon is not planning to retire anytime soon, but he has said that grooming top talent is a priority.

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