AfE 2024
When Jennifer Piepszak and Troy Rohrbaugh stood up to present at JPMorgan’s investor day in May 2024, they had a good story to tell. As the recently appointed co-CEOs of the bank’s expanded commercial and investment bank (CIB), they were able to present a business that is by almost any measure at the very top of its game. It had a spectacular 2023, and all the more so for the fact that the underlying climate in much of investment banking was far from spectacular. And the franchise’s reorganization at the start of 2024 has placed it even more strongly for the future.
In January, JPMorgan CEO Jamie Dimon reshuffled his senior management in a process that also saw the corporate and investment bank expand to include the commercial banking division, in a bid to integrate more fully coverage of clients of all sizes.
