Bank of America appointed Dean Athanasia and Jim DeMare as co-presidents in preparation for potential successors to CEO Brian Moynihan. CFO Alastair Borthwick named EVP. Moynihan, 65, commits to lead through the decade. Pressure to improve performance and stock price mounts. BofA shares up 15% YTD.

Investors await JPMorgan CEO Jamie Dimon’s retirement after 19 years. Borthwick joins Athanasia and DeMare in a three-way race for next BofA CEO. Athanasia oversaw key business lines, while DeMare’s markets division sees strong growth. Consumer business remains BofA’s largest revenue generator, accounting for 42% in Q2.

Read more at Yahoo Finance: BofA appoints co-presidents as CEO says he will serve through the decade