Morning Scan: More JPM Reshuffling; Is Square for Sale?

04/21/14

Receiving Wide Coverage ...

JPM Shuffle: Shao Zili, JPMorgan Chase's chairman and chief executive in China, will step down from those positions and take over as vice chairman of the Asia-Pacific region as soon as a replacement is found. The unofficial official word from the bank Â-- anony-mice leaked a memo Â-- is that Shao wanted "to return to a regional role." Of course, it's hard not to correlate the departure to federal authorities' ongoing investigation...

[more]