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JPMorgan appoints new leaders at its North America corporate banking unit, memo says
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JPMorgan appoints new leaders at its North America corporate banking unit, memo says
Jul 17, 2025 8:00 AM

July 17 (Reuters) - JPMorgan Chase ( JPM ) has appointed

Mike Lister and Brennan Spry as co-heads of North America

corporate banking, according to an internal memo seen by

Reuters.

The move is aimed at reinforcing the Commercial and

Investment Banking (CIB) unit, which has shown considerable

strength and is a key driver of growth at the largest U.S. bank.

The New York-based bank beat estimates for second

quarter profit on Tuesday, helped by robust performance in its

investment banking business and strong trading.

The CIB arm reported a net income of $6.65 billion in the

second quarter, up from $5.9 billion in the year earlier.

Lister previously led the natural resources group, while

Spry served as one of the co-heads of the diversified industries

group within the bank's global corporate banking business.

In their new roles, they will oversee all segments of

corporate banking in North America, including healthcare, real

estate, and technology.

JPMorgan's ( JPM ) global corporate banking business serves more

than 7,000 clients, including large corporations and financial

institutions.

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