NEW YORK - As JPMorgan Chase investors puzzle over who will eventually replace Jamie Dimon as CEO, two of the contenders say they are more focused on winning market share and developing the bank's future leaders.
"Debt capital markets has done well," Rohrbaugh said. "While the equity capital markets are opening up and there are more advisory assignments, the overall market is still not that incredibly robust with lots of IPOs or mergers." The co-CEOs expressed guarded optimism for JPMorgan's trading business in the second half of the year.
Despite JPMorgan's position atop the U.S. banking industry, Piepszak and Rohrbaugh said they remained vigilant for competitive threats. They warned against complacency at a time when rivals have particular insight into JPMorgan's inner workings. This self-made millionaire shares his 5 tips for what to do to become the first millionaire in your familyFORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code 1.KEY INFORMATION Full name of discloser:Invesco Ltd. Owner or controller of interests and short positions disclosed, if different from 1:The naming of nominee or vehicle companies is insufficient.
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