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Job moves
QUOTE OF THE MONTH: - “It is likely that doubt and a lack of market confidence will affect all energy trading for some time to come” Francis Hervé, chief executive of EDF Trading, the London-based trading subsidiary of Electricité de France (EDF), commenting on how the Enron collapse has been a major blow to market confidence in Europe. Source: RiskNews, May 28
![winters-jpg winters-jpg](/sites/default/files/styles/landscape_750_463/public/import/IMG/662/75662/winters-jpg4550-580x358.jpeg.webp?itok=QJ9AQNSd)
Marc Shapiro, head of finance and risk management at JP Morgan Chase, will retire from the bank at the end of next year. Confirmation of Shapiro’s departure came amid a management reshuffle announced by chairman and chief executive, Bill Harrison, which saw Bill Winters (right), co-head of credit and rates, promoted to deputy head of investment banking.
Shapiro’s plan to retire gives Donald McCree, managing director and head of global credit
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