Two of the bank’s top executives told the Reuters news agency that uncertainty surrounding the race for the White House was weighing on deal-making sentiment
“Everybody is very interested in talking about the election,” Troy Rohrbaugh, co-CEO of the Wall Street giant’s investment bank arm, told Reuters.
Another name that has been bandied about in the succession battle is Mary Erdoes, who heads the bank’s asset and wealth management division, was picked to represent JPMorgan atDimon, who has indicated he may step down in five years, said in May Viswas Raghavan took over Citigroup’s banking division in June, while Fernando Rivas joined Wells Fargo as co-CEO of corporate and investment banking.
Rohrbaugh and Piepszak’s tenure has seen revenue at JPMorgan’s newly merged commercial and investment banking unit rise to a record $35.5 billion in the first half of this year.
Finance Jamie Dimon Succession Wall Street
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kamala's equity crusade would punish her 'white dude' supporters if she wins the White HouseA Harris presidency is a hard sell to the “white dudes” targeted by her signature demands for “equity” — which Democrats are pressing her to expand by executive order should she win.
Read more »
House Republicans request interview with White House physicianThe GOP investigation is the latest sign of the growing political fallout from President Biden’s debate performance.
Read more »
House Republicans subpoena White House aides over Biden's healthPresident Biden’s doctor has put out a letter seeking to clear up why a specialist in Parkinson’s disease has been to the White House several times in recent months. The release comes after a tense daily White House briefing that left unanswered questions about the President’s health. NBC’s Peter Alexander reports for TODAY.
Read more »
House committee subpoenas top White House aides over concerns about Biden's mental fitnessThe GOP-led House Oversight Committee has subpoenaed three senior White House aides, demanding that they sit for depositions on President Biden’s mental state.
Read more »
Swalwell on Biden Bowing Out: Dems Can Now Win the House, Senate, White HouseSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
House Speaker Johnson slams White House's silence on Olympics opening ceremony controversy: 'An endorsement’House Speaker Mike Johnson slammed the White House for staying silent on the 'shameful mockery of the Last Supper' during the Paris Olympics' opening ceremony.
Read more »