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Lake’s departure leaves two executives in pole position to eventually replace one of the longest-serving CEOs of a major U.S. bank.

Find insight on JPMorgan Chase, UniCredit’s takeover offer for Commerzbank and more in the latest Market Talks covering financial services.

JPMorgan Chase (JPM) said Thursday that it promoted two senior executives to co-presidents as part o

The latest reset of ASOS price targets, including moves such as the £2.85 level from JPMorgan and £4.00 from Deutsche Bank, puts fresh numbers around how analysts are thinking about the company. Those revised targets, and the mix of bullish and Neutral views behind them, offer a clearer read on how the Street is weighing valuation against execution risk and earnings potential. Read on to see what sits behind these shifts and how you can track the evolving ASOS narrative from here. Stay...

JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two 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 company including chief financial officer and CEO of the consumer banking division, will retire at the end of the year. The promotion of Petno and Rohrbaugh is a sign that JPMorgan’s board is looking to its commercial and investment banking ranks as it develops the next generation of leadership, even as Rohrbaugh will now move over to run the bank’s giant consumer business.

Market Catalysts Host Julie Hyman shares breaking news at JPMorgan & Chase (JPM) as CEO of Consumer & Community Banking, Marianne Lake is set to retire from the firm. The bank is elevating two top executives, Doug Petno and Troy Rohrbaugh, to newly created co-president roles, fueling fresh discussion about CEO succession plans.

The Dow Jones Industrial Average and S&P 500 were up in late-morning trading Thursday, while the Nas

The largest U.S. bank by assets named two co-presidents as part of its latest executive management changes. Marianne Lake, who was widely viewed as a contender to succeed CEO Jamie Dimon, will retire from the company.

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 managers, and provide additional programming at these locations. The Community Center program focuses on Chase opening branches in low- and moderate-income communities, particularly in areas where residents may be underbanked or unbanked.

Tapestry (TPR) CEO Joanne Crevoiserat sits down with Yahoo Finance Executive Editor Brian Sozzi at the 2026 Cannes Lions International Festival of Creativity to discuss how her company's brands Kate Spade and Coach engage with younger consumers seeking to purchase their first handbag.

Jefferies records a y/y rise in revenues in second-quarter fiscal 2026. However, higher expenses hurt the results despite robust investment banking performance.

🐻 JPMorgan now sees Brent crude, the international oil benchmark, averaging $80 a barrel in the fourth quarter and around $64 a barrel next year. Brent was last around that level in January, when the dominant narrative in the global oil market was that of oversupply. In a note today, JPMorgan analysts cited lower-than-expected drawdowns of oil stocks from OECD countries and weaker global demand.

Following the successful clearance of the 2026 stress test, State Street intends to increase its quarterly dividend 10%.

JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.

Marianne Lake, long seen as a top contender to lead the bank, is retiring after more than 25 years at the firm

The changes are sharpening who is in line to take over for 70-year-old CEO Jamie Dimon. A surprise is the retirement of Marianne Lake, the head of banking.

Marianne Lake, long seen as a potential successor to Jamie Dimon, will retire.

JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.

Qualcomm hikes sales target, big bank stress test results are out, Trump cancels housing bill signing, and more news to start your day.

Investing.com -- Retail investor leverage in options and margin accounts is retreating from extreme levels, presenting a potential headwind for technology stocks, JPMorgan has warned in a note examining leverage trends across investor types.

Qualcomm hikes sales target, big bank stress test results are out, Trump cancels housing bill signing, and more news to start your day.

Style Box ETF report for BBMC

Micron reported record numbers for its fiscal third quarter and indicated that rapid growth will be sustained over the next few years.

Major U.S. banks increased shareholder returns after the Federal Reserve’s stress test showed the sector remains strongly capitalized and resilient under severe economic conditions.

Investing.com -- JPMorgan Chase & Co. (NYSE:JPM) said its board plans to increase the quarterly common stock dividend to $1.65 per share from $1.50 per share, starting in the third quarter of 2026. The increase is pending board approval at the time of declaration.

JPMorgan Chase & Co. (NYSE:JPM) is one of the 10 All-Time High Stocks with Legs to Rally Further. On June 18, 2026, JPMorgan Chase & Co. (NYSE:JPM) blocked its Hong Kong employees from accessing Anthropic’s AI models, The Financial Times’ Owen Walker and Arjun Neil Alim reported. Three people familiar with the matter said employees […]

JPMorgan and Bank of America passed the tests with flying colors after the Federal Reserve last year began releasing details of the tests in advance.

(Bloomberg) -- All of the biggest US banks cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesChipmakers Fall Anew in Run-Up to Micron’s Results: Markets WrapThe Debasement Trade Is Unraveling and Kevin Warsh Is One Big Rea

Would rising rates change the calculus for the big banks?

JPMorgan (JPM) raised its year-end S&P 500 (^GSPC) target to 7,800. Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look.