JPMorgan Reorganizes CIB To Maximize AI

JPMorgan said this week it is reorganizing its Commercial and Investment Bank to maximize AI, naming Guy Halamish as CIB chief operating officer to lead data and analytics efforts. Each major business will have a chief data and analytics officer reporting to Halamish to prepare infrastructure for advanced AI, agents, and end-to-end transformation; the CIB generated $25 billion in net income in 2024.