JPMorgan Chase said Jennifer Piepszak and Troy Rohrbaugh will become Co-CEOs of the expanded Commercial & Investment Bank. The unit will combine Global Investment Banking, Commercial Banking, Corporate Banking, and Markets, Securities Services and Global Payments.

1. 01

   JPMorgan Chase said Jennifer Piepszak and Troy Rohrbaugh will become Co-CEOs of the expanded Commercial & Investment Bank. The unit will combine Global Investment Banking, Commercial Banking, Corporate Banking, and Markets, Securities Services and Global Payments.

2. 02

   The company said Doug Petno will lead an expanded Commercial Banking business that includes the Global Corporate Banking group, and Viswas Raghavan will become sole head of Global Investment Banking. It said Jim Casey has informed the company of his desire to take on a new role within the firm.

3. 03

   The company said Marc Badrichani has informed it of his desire to pursue outside opportunities, and that in the near term he will work with colleagues on transition plans for the Sales and Research group. It said Jason Sippel and Pranav Thakur will become Co-heads of the Markets Trading business.

4. 04

   The company said Marianne Lake will become sole CEO of CCB and Mary Erdoes will remain CEO of Asset & Wealth Management. The company said client assets in Asset & Wealth Management reached an all-time high of more than $5 trillion.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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