JPMorgan Global Credit Markets Head Guy America to Depart (1)

JPMorgan Chase & Co.’s Guy America, global head of credit markets and public finance, is leaving after 28 years at the firm.

America is departing to “take some time out before pursuing external opportunities,” the company said in an internal memo Thursday seen by Bloomberg News. No successor has been named, and America will stay on to ensure a smooth transition, according to the bank.

“Guy was a pioneer for our franchise,” President Daniel Pinto and Troy Rohrbaugh, head of global markets for the New York-based company, wrote in the memo. “A world-class risk manager, Guy grew ...