From CNBC: 2024-05-20 14:31:28

Jamie Dimon, CEO of JPMorgan Chase, hints at retirement within five years at the UK Global Investment Summit. Dimon’s ambiguous succession plans have long been a topic of concern for investors and analysts. Marianne Lake and Jennifer Piepszak are top contenders to replace him. JPMorgan’s stock drops 3.6%.

Read more: JPMorgan CEO Jamie Dimon hints at retiring within 5 years