JPMorgan's Strategic Moves and Financial Gains.

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Source: The New York Times
JPMorgan's Strategic Moves and Financial Gains.
Photo: The New York Times
TL;DR Summary

JPMorgan Chase's CEO, Jamie Dimon, is expected to face questions about his succession plans at the bank's annual investor gathering on Monday. While Dimon is not expected to step down anytime soon, the recent succession plans of rivals Morgan Stanley and Lazard have raised the issue for shareholders. JPMorgan's stock has outpaced its biggest competitors this year, but the bank faces challenges in figuring out where to go from here, including expanding its wealth-management business. The top contenders to replace Dimon are Marianne Lake and Jennifer Piepszak, who jointly run the bank's vast consumer operations.

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