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Report: Wells Fargo exec to rejoin JPMorgan

Reginald Lang is returning to JPMorgan Chase & Co. where he will work in the entertainment industries group under the company's commercial banking division, Reuters reported May 14, citing "people familiar with the matter."

One of the sources said the appointment could be announced in an internal memo as early as May 14.

Lang is the head of media investment banking at Wells Fargo & Co. He left JPMorgan in 2006 to join Wachovia Corp., which Wells acquired in 2008.