It's rumored that Eileen Murphy has resigned from Chase Securities/J.P. Morgan. Murphy, who joined Chase from Moody's Investors Service in the spring, was hired as a managing director and global head of the collateralized debt obligations group.
This follows Frank Ronin's resignation from Chase just two weeks back. Similar to Murphy, Ronin was brought on by Chase earlier in the year to spearhead the CDO effort. Both moves were precipitated by friction resulting from the merger, an insider said.