J.P. Morgan Chase has tapped Jennifer Piepszak as its new chief financial officer, according to an internal memo. div > div.
J.P. Morgan Chase has tapped Jennifer Piepszak as its new chief financial officer, according to an internal memo.
div > div.group > p:first-child"> Piepszak, currently chief executive officer for card services, will assume the role on May 1. Outgoing CFO Marianne Lake will become CEO of the consumer lending business, which includes card services, home lending and auto finance. Piepszak will join J.P. Morgan's operating committee and Lake will also continue to serve as a member.
The announcement was made in an memo to employees from CEO Jamie Dimon and co-Presidents and Chief Operating Officers Daniel Pinto and Gordon Smith, who said Lake and Piepszak"have been critical to our success." Lake had long been considered a top contender to succeed Dimon as CEO when he retires in about four years. She has served as CFO of J.P. Morgan, the largest U.S. bank by assets, since 2012.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: Disney, JP Morgan Chase, GrubHub & moreThese are the stocks posting the largest moves midday Friday.
Read more »
Stocks making the biggest moves premarket: JP Morgan, Apple, Disney, Boeing, Tesla & moreSome of the names on the move ahead of the open.
Read more »
A Fed appointment is not a 'political prize,' says JP Morgan Chase International chairmanCentral bank independence is one of the most important pillars of economic policy, says Jacob Frenkel, chairman of J.P. Morgan Chase International.
Read more »
JP Morgan Chase is set to report first-quarter earnings – here's what the Street expectsBank stocks under-performed the broader market in the first quarter after the Federal Reserve said in March that it was pausing rate hikes for the remainder of the year.
Read more »
JP Morgan says Asian stocks will struggle to move much higher from here'I think most of the gains for this year in Chinese as well as Asian equity markets are already behind us,' said Mixo Das, Asia equity strategist at J.P. Morgan.
Read more »
Challenges Stack Up For Big Banks Ahead Of JP Morgan, Wells Fargo, CitigroupLower trading volume. Falling mortgage rates. An inverted Treasury yield curve. A slowing U.S. and global economy. The odds seem pretty stacked against big banks on multiple fronts as earnings season starts tomorrow.
Read more »
JP Morgan shares surge after bank posts record profit and revenueJ.P. Morgan Chase, the biggest U.S. bank by assets, kicked off earnings season by reporting first-quarter profit and revenue that exceeded Wall Street’s expectations.
Read more »
Dow rises 260 points, S&P 500 posts 3rd weekly gain led by Disney, JP MorganStocks closed higher after a slew of positive corporate news, including strong bank earnings and the unveiling of Disney's new streaming service. The S&P 500 added 0.66% and broke above the key 2,900 level for the first time in 6 months.
Read more »
Financial stocks getting a big boost after J.P. Morgan Chase, Wells Fargo earnings beatsFinancial stocks are on track for a broad rally Friday, as better-than-expected first-quarter earnings reports from sector heavyweights J.P. Morgan Chase...
Read more »