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Zames named co-COO, Cavanagh and Pinto co-CEOs of corporate and investment bank.
JPMorgan CEO didnt apply same scrutiny to chief investment offices risk management.
JPMorgan traders value-at-risk said typically $30 mln to $40 mln.
Matt Zames, head of global fixed income, succeeds Drew as chief investment officer.
Advocates of tighter restrictions on prop trading see banks loss as ammunition.
Board to seek more quantitative method for setting exec pay after shareholder rejection.