JPMorgan Appoints New General Counsel

JPMorgan Chase & Co. will have a new general counsel by early next year: Stacey Friedman, who also joins the bank’s 10-member operating committee, according to the bank’s announcement Monday.

Its current General Counsel, Steve Cutler, will step into a new role as vice chairman, advising CEO Jamie Dimon and other executives across the firm—a move that was announced two weeks after the death of Jimmy Lee, the bank’s former vice chairman.

It marks the end of an era for Cutler, who joined JPM in 2007 from Wilmer Cutler Pickering Hale and Dorr LLP in Washington, D.C., where he was a partner ...