Once the new head of wealth takes over, he will replace WIM leadership with his J.P. Morgan buddies in nyc, and they will hire NYC people as well. They have been refusing to backfill WIM jobs in Boston, now we know why. Boston and California are clearly getting pushed out the door.
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So million dollar question is if the cronies hired in NY are less crooked than their CA and Boston counterparts? Wealth aka The Private Bank are crooked and unethical as hell. Every top job in Wealth is rigged. I see some poor hiring choices in CA.