JPMorgan card chief Allison Beer departs for external role
In short
JPMorgan Chase’s Allison Beer is leaving her job running the bank’s credit card business for an external opportunity.
The move matters because she leads one of the world’s largest card businesses, so the change affects a key part of JPMorgan’s consumer banking operation.
What the reporting says
JPMorgan Chase & Co.’s Allison Beer, who runs one of the world’s largest credit card businesses, is leaving to take an external opportunity.
Why it matters
JPMorgan Chase & Co. is losing Allison Beer, who leads its credit card business, to an external opportunity. The source says she runs a credit card unit ranked among the world’s largest.