JPMorgan’s Kolanovic to Exit Amid String of Poor Stock Calls
- Lakos-Bujas takes over as the bank’s chief market strategist
- Hussein Malik to be JPMorgan’s sole head of global research
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Marko Kolanovic, JPMorgan Chase & Co.’s chief global market strategist and co-head of global research, is leaving the bank, according to an internal memo obtained by Bloomberg News.
Kolanovic, who has been at JPMorgan for 19 years, is “exploring other opportunities,” the memo stated. Dubravko Lakos-Bujas will lead market strategy and become chief market strategist, overseeing cross-asset, equity, and macro. Hussein Malik will be the sole head of global research.