JPMorgan COO Matt Zames Is Leaving After 13 Years

JPMorgan COO Matt Zames Is Leaving After 13 Years

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The transcript discusses the departure of several key executives from JP Morgan, including Steve Black, Bill Winters, Michael Kavanaugh, Matt Zames, and Jess Staley. It highlights the ongoing narrative of leadership changes at the bank, focusing on whether these executives left voluntarily or were pushed out. The text also touches on the career paths of these individuals post-departure, such as Kavanaugh's move to Carlyle and later Comcast, and Staley's transition to Barclays.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are some of the leaders mentioned in the context of JP Morgan's leadership changes?

Steve Black and Bill Winters

Elon Musk and Jeff Bezos

Mark Zuckerberg and Sheryl Sandberg

Warren Buffet and Charlie Munger

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant reason for Michael Kavanaugh's departure from JP Morgan?

He wanted to start his own company

He was offered a better position at another bank

He retired from the financial industry

He found the pressure of being a potential successor too much

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where did Michael Kavanaugh work after leaving JP Morgan?

Morgan Stanley

Goldman Sachs

Bank of America

Carlyle and then Comcast

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What scandal was associated with Jess Staley's departure from JP Morgan?

The Enron scandal

The Bernie Madoff Ponzi scheme

The London Whale scandal

The Lehman Brothers collapse

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common theme in the departures of leaders from JP Morgan?

They all moved to government positions

The question of whether they left voluntarily or were pushed out

They all left to start their own businesses

They all retired