C-suite

Some of Wall Street's most prominent executives have this in common: a long tenure.

The changes come a month after she was named CEO of the bank’s newly formed wealth management unit.

Assets under management at Nancy Prior’s group, which includes bond and money market funds, have grown from $714 billion under her leadership.

“Everything’s on the table for consideration,” the bank's chief financial officer told investors. “He’s certainly not beholden to decisions that we made previously.”

The top brass being unaware of this stuff happening on their watch doesn’t inspire confidence.

Competition with an ever-rising stock market, the difficulty of raising assets and the steady march of time are just a few factors leading managers to the exit.

The Chase Wealth Management and J.P. Morgan Securities operations will become one unit with $400 billion in assets.

The Wall Street executive founded three companies, including private-equity firm Lightyear Capital.

At a meeting last year, the firm’s CEO discussed how behavior would be held to a higher standard than rank-and-file employees, people familiar with the matter said.

Mark Wiseman, global head of active equities and frontrunner to succeed CEO Larry Fink, said he failed to disclose a consensual relationship with a colleague.