JPMorgan names Piepszak, Rohrbaugh to head Commercial & Investment Bank (NYSE:JPM) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
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In a strategic realignment, Marianne Lake takes the helm as the sole CEO of Consumer and Community Banking, signaling a focus on operational efficiency. The bank's recent Q4 results, beating consensus with $39.943 billion in net revenue, further underpin the leadership changes as JPMorgan continues to navigate growth opportunities in a dynamic financial landscape.
Jennifer Piepszak will be co-chief executive of an expanded Commercial & Investment Bank, with Troy Rohrbaugh as co-chief executive, while Marianne Lake.