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Market Chatter: JPMorgan Chase Mulling Leadership Appointments in China
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Market Chatter: JPMorgan Chase Mulling Leadership Appointments in China
Mar 21, 2024 4:51 AM

07:18 AM EDT, 03/21/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) is mulling the appointment of new leaders to head its operations in China after Mark Leung resigned as the bank's chief executive in the country, Bloomberg News reported Thursday, citing unnamed sources familiar with the matter.

Sources told Bloomberg that JPMorgan ( JPM ) is considering Alan Ho for its CEO post in China and Rita Chan as senior country officer, though final decisions are yet to be made. Bloomberg said the bank is also making executive changes in Asia Pacific, with Filippo Gori set to step down as the region's CEO to take a global role in London.

JPMorgan Chase ( JPM ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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