JPMorgan Chase is reportedly planning significant leadership changes within its investment banking operations as part of a broader company restructuring, according to a Financial Times report published Tuesday.
The banking giant is expected to name three senior executives as co-heads of its global investment banking division, sources familiar with the situation told the Financial Times. The trio includes Dorothee Blessing, who currently serves as coverage chief, Kevin Foley, the global head of capital markets, and Jared Kaye, who holds the position of global co-head of the financial institutions group.
The leadership shake-up represents part of a larger organizational restructuring effort at the major financial institution. Reuters has not been able to independently confirm the details of the reported changes.
