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JPMorgan promotes Raghavan to sole investment bank head in executive shake-up

JPMorgan has promoted its top executives and reshaped its investment bank in a major overhaul

Jamie Dimon has handed bigger roles to key lieutenants
Jamie Dimon has handed bigger roles to key lieutenants Photo: Getty Images

JPMorgan's top banker in Europe has been named sole head of its dealmaking unit globally, amid a wider shake-up at the Wall Street bank that has reshaped its corporate and investment bank and lined up potential successors to chief executive Jamie Dimon.

Vis Raghavan has been promoted to sole head of investment banking, JPMorgan said in a statement on 25 January, with his current co-head Jim Casey set to move into an as-yet-unspecified new job. Raghavan is also CEO of JPMorgan's business in Europe, the Middle East and Africa.

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