Type the words Daniel Pinto into Google this morning and you'll find little on the new sole head of JP Morgan's giant corporate and investment bank, but plenty on his former co-head, Mike Cavanagh.

Given the depth and breadth of Cavanagh's experience - as group chief financial officer, head of treasury and securities services and head of banking in CIB - he was in pole position in the minds of many as an eventual successor to JP Morgan's chairman and chief executive Jamie Dimon.