Wall Street veteran to step down from bank role at year end

Key facts

• The executive previously headed the bank's financial sponsors business globally, per the report.
• The departure takes effect at the end of the year, the report said.

A Wall Street veteran who previously headed the bank's financial sponsors business globally will step down at the end of the year, according to a report that did not name the executive or the bank. The report gives no date for the announcement and no further detail on the departure or on a successor.

The body supplied with the headline carries only this single sentence of substance. It does not identify the institution, the executive, the date the decision was reported, or any reason for the exit.