08:16 AM EDT, 07/03/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) chief global market strategist, Marko Kolanovic, is leaving the company after 19 years, Bloomberg reported Wednesday, citing an internal memo it obtained.

Hussein Malik will be the sole head of global research, Bloomberg reported, citing the memo. JPMorgan ( JPM ) did not immediately respond to a 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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