WS #10672
JPMorgan names Doug Petno and Troy Rohrbaugh as co-presidents effective immediately, with Petno becoming sole CEO of the CIB; leadership transition is orderly and signals continuity. PNC plans to recommend an 18% dividend increase to $2.00/share, citing best-in-peer CCAR stress test results with only 0.3% CET1 depletion, signaling strong capital position.
JPMorgan Leadership Changes
JPMorgan names Doug Petno and Troy Rohrbaugh as co-presidents effective immediately, with Petno becoming sole CEO of the CIB; leadership transition is orderly and signals continuity.
PNC plans to recommend an 18% dividend increase to $2.00/share, citing best-in-peer CCAR stress test results with only 0.3% CET1 depletion, signaling strong capital position.