J.P. Morgan is banking on STACEY FRIEDMAN, a former Sullivan & Cromwell litigation and regulatory partner, to head up its legal team as general counsel of the bank’s recently formed corporate and investment bank division. J.P. Morgan, a division of JP Morgan Chase & Co., merged its investment bank and treasury and securities services divisions in July as part of an overall bank restructuring.

While at Sullivan, Friedman spent a year working full-time at then-client J.P. Morgan as one of the principal architects of the bank’s mortgage-backed securities litigation defense. “My family calls it ‘try before you buy,’ but I think it could be seen as the world’s longest job interview,” Friedman jokes. She took on her GC role at the bank in August.