01:07 PM EDT, 03/27/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) head of US equity franchise trading Ron Adler is expected to join Citadel's global equities business in July as the new head of trading, Bloomberg News reported Wednesday, citing a person familiar with the matter.

Adler will succeed Matt Vannelli, who is set to retire at the end of the year, according to the report.

JPMorgan ( JPM ) did not immediately respond to MT Newswires' request for comment while Citadel declined to 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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