Adams to Step Down as JPMC CIO

FRONT PAGE: ORGANIZATION AND MANAGEMENT

NEW YORK—Austin Adams will step down as CIO of JPMorganChase (JPMC), effective Oct. 1, according to an internal memo penned by Jamie Dimon, CEO of JPMC, and obtained by DWT.

A source familiar with the situation says that the bank's management has not decided if Adams' role will be filled in the near future or ever. "I don't know if it's something that needs to be filled," says the source.

Adams will stay on until the banking giant has completed the integration of its New York-, Connecticut- and

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