JPMorgan is reorganizing its commercial and investment bank as part of its AI push

JPMorgan is matching the government's contributions to Trump Accounts.

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• JPMorgan said it's reorganizing its commercial and investment bank to "maximize" AI in an internal memo.
• The bank appointed Guy Halamish as the chief operating officer of the CIB as part of the effort.
• In his role, Halamish will oversee a group of new data and analytics officers driving the AI push.

JPMorgan is consolidating power to move faster on AI.