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People: Steven Black Moves Upstairs At JPMorgan

JPMorgan's Steven Black sheds investment bank role, leaving Staley in control, and becomes parent firm's executive chairman [BusinessWeek]

Deutsche Bank hires Yang from BofA Merrill Lynch as Hong Kong-based prime brokerage VP [Investment Dealers' Digest]

Fidelity Investments institutional platforms chief Charles Goldman to leave a year after joining, won't be immediately replaced [Investment News]

Legendary financier Rohatyn returns to advise Lazard's CEO [Financial News]

Mortgage risk analysis firm Clayton Holdings hires Redlingshafer for business development role [Clayton Holdings, via PRN]

First American Corp. divides IR role ahead of corporate split. Barberio will head IR for financial services group, Bigelow for information solutions group. Former IR chief Seaton named VP-Finance for financial services group [First American]

Peoples Bancorp hires Michigan community banker Stafford as EVP-Retail Banking

[Peoples Bancorp]

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.