[ by Larry Goldfarb ]

JPMorgan Chase & Co. (JPM) Chief Financial Officer Douglas Braunstein will step down in the coming days and may seek a role in the firm’s investment bank, where he previously led dealmaking, according to a person with direct knowledge of the matter.

• Braunstein, who was promoted to CFO in June 2010, is likely to remain in that role for at least several months
• The finance chief had reported to Chief Executive Officer Jamie Dimon until July, when Matt Zames, 41, became his boss and co-chief operating officer amid management changes in the wake of a $5.8 billion trading loss.
• A series of personnel changes stemmed from the botched bets, starting with the resignation in May of Chief Investment Officer Ina Drew, 56, less than a week after Dimon, 56, disclosed the trading loss.
• JPMorgan is scheduled to report third-quarter results tomorrow before U.S. markets open. The lender may say net income climbed 14 percent to $4.87 billion, according to the average estimate of 13 analysts surveyed by Bloomberg

For further details, go to:    [ Bloomberg, 10/12/12 ].