People News: Moves at Pimco, J.P. Morgan, Credit Suisse, Barclays, Deutsche and GE
Barclays director Alison Carnwath resigned from the beleaguered bank, citing “personal reasons.” [DealBook]
Steven Koch, Credit Suisse’s M&A co-chairman, was named deputy mayor of Chicago in Rahm Emanuel's administration. [NY Times]
Credit Suisse hired Bruce Cox to serve as the head of acquisition and divestiture in its investment banking division’s oil and gas group. [DealBook]
Pimco CEO Mohamed El-Erian is in line to take the reins from his co-CIO William H. Gross. [NY Times]
J.P. Morgan’s Matthew Zames and Frank Bisignano were promoted to co-chief operating officers, while Jes Staley moved from CEO of the corporate and investment bank to chairman. [DealBook]
Antoine Cornut, who ran flow-credit trading for Deutsche Bank in the Americas and Europe, left for a hedge fund. [Bloomberg]
John Krenicki, who ran a big energy unit at General Electric, is joining the private equity firm Clayton, Dubilier & Rice in January as a senior operating partner. [WSJ]