JPMorgan Chase & Co . commercial- banking chief Todd Maclin and international operations head Heidi Miller , two of Chief Executive Officer Jamie Dimon ’s top executives, plan to step down from their posts as early as next year.
Heidi Miller , a confidant of Jamie Dimon for almost two decades, more than quintupled pretax profit at JPMorgan Chase & Co. ’s treasury unit since taking over the division in 2004. Her reward: a newly created job heading all of the company’s international operations.
JPMorgan Chase & Co.’s Mike Cavanagh, who served as a close deputy to Chief Executive Officer Jamie Dimon for more than two decades, will leave to become co-chief operating officer of Carlyle Group LP.
Nancy Davis , a rising star at Goldman Sachs Group Inc. , left in January 2008 after an eight-year run betting the firm’s money on derivatives to become a portfolio manager at Highbridge Capital Management LLC. She lost that job 10 months later when the hedge fund cut back in the recession.
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among the four banks that may manage a 20 percent stake sale in Power Grid Corporation of India Ltd. , according to three people with direct knowledge of the matter.