Civil war at JPM?

It used to be said that if there was ever a reunion held for all the people who traded FX at Midland Bank, we’d need to hire a venue like the Albert or Carnegie Hall. The same could be said for those who have worked at the conglomerate that is made up of Manufacturers Hannover, Chemical, Chase, and JPMorgan. And with so many ex-staff from these various institutions around, it’s inevitable that any gossip about JPMorgan spreads rapidly.