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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
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- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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JPMorgan Hires a Former BNY Mellon Senior Lawyer
JPMorgan Chase has hired Matthew Biben, a former senior lawyer at Bank of New York Mellon, as the general counsel of its home lending unit, as the bank revamps its mortgage operations, according to an internal memorandum obtained by DealBook. He starts next week and will work closely with Daniel Cooney, a senior legal adviser for Chase’s retail financial services.
Mr. Biben, a former federal prosecutor who worked at BNY Mellon for more than 6 years as a Deputy General Counsel, will work with JPM CAO Frank Bisignano, who was newly named the head of the Chase Home Lending business. He most recently worked as the general counsel of Next Jump, an Internet technology company.
JPMorgan hopes Mr. Biben is its answer to the challenges that face all bank mortgage unit banks. However, JPMorgan and others still face questions over their foreclosure practices, even as they still work through the problematic loans made in the run-up to the financial crisis. [NYT Dealbook, 3/7]

