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JPMorgan’s internal feud over wealthy clients
Behind the Money
English - November 02, 2022 05:00 - 16 minutes - 23.2 MB - ★★★★★ - 105 ratingsBusiness News News finance markets business crypto banking Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
There’s some internal turmoil at JPMorgan Chase over who should manage the bank’s wealthiest clients. At the centre of the infighting is a top financial adviser who’s managed the accounts of some big names, including retired baseball player-turned-entrepreneur Alex Rodriguez. The FT’s US banking editor Joshua Franklin walks us through what led to this years-long legal battle at one of the world’s biggest banks.
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For further reading:
Glitz and Gladwell: the infighting over prized JPMorgan wealth clients
Baseball star Alex Rodriguez at centre of JPMorgan client poaching row
Asset Management: Growth investors adapt to new paradigm
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On Twitter, follow Joshua Franklin (@FTJFranklin) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com
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