JPMorgan Promotes Erik Bisso to Run CIO in North America
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JPMorgan Chase & Co. named Erik Bisso to run the bank’s chief investment office for North America, filling a vacancy created last year when Irene Tse left to start a hedge fund.
Bisso, 34, was in charge of agency mortgage-backed securities pass-through trading for the New York-based bank, according to an internal memo sent today, a copy of which was obtained by Bloomberg News. Bill Anast will join JPMorgan in August to replace Bisso and head agency mortgage trading, a person familiar with the matter said. Anast previously ran the agency collateralized-mortgage obligation business for Barclays Plc.