The announcement took Piepszak out of the running in the closely-watched JPMorgan succession race. For a few years, the former firm CFO had served as co-CEO of consumer and commun

Sheer size doesn't guarantee future growth, though. Indeed, the bigger the organization gets, the more difficult it can be to find new ways to tack on even more size. For any company to be the basis for a life-changing investment, it must be able to firmly outpace the mere rising tide of inflation and population growth.

The bank – the largest in the US with more than 300,000 employees worldwide – is expected to announce the change in the next few weeks, according to a report.

JPMorgan Chase executives are hoping to tackle the massive growth in the number of employees working at the country’s biggest bank. Jeremy Barnum, chief financial officer, said the bank is focused on getting a hold on its headcount growth,

JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall Street’s expectations of $11.7 billion. Quarterly profit rose 50% from a year earlier.

JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.

Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday.

Jamie Dimon, the chief executive of JPMorgan Chase, said in a statement alongside the bank's fourth-quarter earnings that the U.S. economy “has been resilient” and that businesses appear more upbeat.

JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the U.S. economy remains "resilient" but he remains wary of inflation and uncertain geopolitics. "Unemployment remains relatively low, and consumer spending stayed healthy,

For all of Wall Street’s excitement about Donald Trump’s growth agenda, the biggest banks are ending the Biden years on a high note.