Coulter takes on JP Morgan investment hot seat. (Global News).(Brief Article)

Banker, The, June, 2002

A MANAGEMENT reshuffle at JP Morgan Chase aimed at improving its investment banking returns saw Geoff Boisi leave and David Coulter move from the bank's retail operation to head of investment banking. If he manages to turn around the business, he stands a good chance of succeeding William Harrison, chairman and chief executive.

Mr Boisi, co-head of investment banking and a former Goldman Sachs partner, tried to remake JP Morgan into Goldman, lacked leadership skills and was consequently unpopular, according to a senior source at the bank.

Mr Coulter, who resigned from his job as chief executive officer of Bank of America in 1998, is an unknown quantity for the investment bankers since he was on the retail side. But his reputation as a leader and...

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