JPMorgan Elevates Technologist To Lead AI Overhaul

JPMorgan Chase is reorganizing its investment banking division to create a new AI-dedicated unit led by Guy Halamish, according to Business Insider. The unit will consolidate scattered AI and data initiatives, deploying LLMs and machine learning for due diligence, deal-flow analysis, and trading support. The move signals a strategic shift toward technology-led banking and could accelerate efficiency gains while reshaping junior roles across the division.