BUSINESS
04/13/2008 05:12 am ET Updated May 25, 2011

JP Morgan Integrating Senior Bear Stearns Managers

J.P. Morgan Chase & Co. pulled a number of senior managers from Bear Stearns Cos. into the upper ranks of its investment bank, representing the latest efforts to integrate the two firms following their shotgun marriage.

Details were announced Friday in an internal memo from Steve Black and Bill Winters, who run J.P. Morgan's investment bank -- one of the largest parts of the massive financial institution. As expected, J.P. Morgan veterans will dominate the top positions in the investment bank.

The memo didn't address the potential roles of Bear's top executives, including Chief Executive Officer Alan Schwartz or Chief Financial Officer Sam Molinaro

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