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Behind the Money

JPMorgan’s internal feud over wealthy clients

17 min • 2 november 2022

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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