Bill Winters Co-CEO of JP Morgan responded that the market for trading carbon “will die, and the temperature of the planet will go up by a couple of degrees, more than it would have otherwise, and we'll be really sorry about it.”
JPMorgan's Winters to Leave; Staley Will Run Investment Bank (Bloomberg). JPMorgan Chase Shuffles Execs (TheStreet.com). JPMorgan Chase made some executive changes in its investment banking and asset management operations. 
J.P. Morgan: The Best Investment Bank in the World? - Deal Journal
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