Summary by Moomoo AI
On January 25, 2024, JPMorgan Chase & Co. announced a significant reshuffling of its executive team, aiming to enhance the delivery of its wholesale banking products and solutions. Jennifer Piepszak and Troy Rohrbaugh have been appointed as Co-CEOs of the newly expanded Commercial & Investment Bank, which consolidates the company's major wholesale businesses. Doug Petno will lead the expanded Commercial Banking business, including the Global Corporate Banking group. Viswas Raghavan is now the sole head of Global Investment Banking, with Jim Casey set to transition to a new role within the firm. Marc Badrichani is leaving to pursue external opportunities, with Jason Sippel and Pranav Thakur taking over as Co-heads of the Markets Trading business. Tim Fitzgerald will continue to lead...Show More