On Air Now

Listen

Listen Live Now » 106.1 FM Lansing, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
79° Feels Like: 81°
Wind: SW 7 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 82°

Tonight

Thunderstorms Early 68°

Tomorrow

AM Clouds/PM Sun 78°

Alerts

First Data names JPMorgan executive Bisignano as CEO

(Reuters) - Electronic payment processor First Data Corp. said on Sunday it hired top JPMorgan executive Frank Bisignano as its chief executive officer, effective Monday April 29.

As earlier reported by the Wall Street Journal, Bisignano is the latest senior executive to leave the U.S. bank giant after it suffered heavy trading losses and has been under regulatory scrutiny.

Bisignano had jointly held the role of chief operating officer at JPMorgan with Matt Zames. Zames was set to fully assume the role after Bisignano's departure, according to the Wall Street Journal.

(Reporting by Richard Leong; editing by Christopher Wilson)

Comments