JPMorgan names Petno and Rohrbaugh co-presidents; Lake exits

JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement of one of Dimon’s most prominent potential successors. Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since…

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Watch live: Trump pick to lead economic advisory panel faces confirmation hearing before Senate

Christopher Fallon, President Trump’s pick to lead the White House Council of Economic Advisers, will testify before the Senate Housing, Banking and Urban Affairs Committee on Thursday morning regarding his nomination to lead the key advisory panel. If confirmed by the Senate, the former University of Minnesota professor will replace Stephen Miron, who stepped down……

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