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Category: Business

JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon

JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon

NEW YORK — JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two additional potential contenders to succeed Jamie Dimon whenever the longtime CEO step downs from running the nation’s largest bank. The bank also announced Thursday that Marianne Lake, who had held several top positions in the […]
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Asian shares plunge as traders sell to lock in profits from latest rallies driven by boom in AI related stocks

JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas

NEW YORK — JPMorgan Chase will significantly expand its national “Community Center” program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods. Along with doubling the number of Community Center branches, the bank plans to hire an additional 150 employees, known as community […]
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