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Stock impact report

Goldman Sachs Taps JPMorgan's Bryon Lake to Join as Partner [BNN Bloomberg (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: BNN Bloomberg
Lake will have a broad role across the client business beginning this summer, according to a person familiar with the matter, who asked not to be identified because discussions were private. Most recently, Lake led JPM's exchange-traded fund effort globally, including creating new products and overseeing the existing line-up. He was with JPMorgan for over seven years. “This is like star player joining a division rival,” said Eric Balchunas, senior ETF analyst at Bloomberg Intelligence. Read: JPMorgan's Global Head of ETF Solutions Bryon Lake Exiting Firm Goldman Sachs declined to comment on Lake's departure. Reuters first reported the move. Separately, Mike Crinieri, Goldman Sachs's global head of ETFs, has left the firm. A spokesperson confirmed his departure. Citywire first reported his move. There are no plans to replace Crinieri, and Brendan McCarthy will continue to serve as head of ETF specialists and capital markets. Goldman Sachs's ETF business currently represe Show less Read more
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