09:49 AM EDT, 10/07/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) Vice Chairman Peter Scher is set to retire from the company in 2026, Bloomberg reported Tuesday, citing an internal announcement.

Scher will step back from the vice chair role in the spring and transition to an advisory role through the end of 2026, the report said.

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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