Finance

JPMorgan Promotes Halamish With Mandate to Accelerate AI Rollout

JPMorgan Chase & Co. named Guy Halamish chief operating officer of its commercial and investment bank to help speed up the rollout of artificial-intelligence tools across that business.

Halamish, who has been at the biggest US bank for more than two decades, will work directly with the heads of markets, global banking, payments and securities services to “maximize the impact of AI,” according to an internal memo this week. He’ll appoint chief data and analytics officers for each of those businesses as part of the effort.