JPMorgan’s head of credit trading for North America is leaving his position, according to several reports. Eric Rosen will step down from his role but may take another with the bank.
Rosen’s position will be filled by Kevin Corgan, who previously oversaw high yield trading at the firm, and Rob Milam, who lead investment-grade trading. Rosen may pursue other opportunities within JPMorgan and will remain on the job to help with transitioning.
JPMorgan CEO Jamie Dimon said in a speech at the end of October that the bank has no plans to poach talent from Citigroup or Bank of America Merrill Lynch.
JPMorgan has more than $2 trillion in assets under management and 200,000 employees.
A bank representative was not immediately available for comment.