Karl Will, Global Head of JP Morgan Tech M&A Quits

In yet another sign of how Wall Street is appreciating Obama's recent foray into compenstation decisions, Karl Will, head of JPM global tech M&A, is leaving the company, joining two other recent senior level departures, Brian McCarth, former co-head of global healthcare investment banking and Eric Rabinowitz, a VP in the same group, both of whom ended up at TARP non-beneficiary Oppenheimer.

While it is initially unclear where Will, who is based in JP Morgan's San Fran office, ends up, rumors seem to implicate Moelis & Company's Los Angeles office as the direct beneficiary of this most recent departure.