Exclusive: JPMorgan executive chosen to rebuild transaction-policing unit leaves

A high-ranking JPMorgan Chase & Co (JPM.N) executive responsible for revamping the bank's anti-money laundering practices after U.S. regulators found lax controls has left in recent days, according to internal memos read to Reuters and confirmed by the bank. Patrick Moore, a long-time JPMorgan executive who took over as global head of financial crimes investigations in May 2014, is being replaced by Peter Neilson, formerly the head of anti-money laundering compliance for JPMorgan’s consumer and community banking.

Exclusive: JPMorgan executive chosen to rebuild transaction-policing unit leaves source: http://finance.yahoo.com/news/exclusive-jpmorgan-executive-chosen-rebuild-212656122.html