Joshua Franklin
speaker
53 appearances
2 recordings
1 series
first heard Jun 2026
last heard 25 Aug
Joshua Franklin’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
And they talk to private bankers at these big institutions and they'll tell me just this strange experience of speaking to people in their late twenties that are worth.
you know, upwards of fifty million dollars on paper through their stock options.
So it's just a really unusual moment in time.
Do my best.
Thanks very much.
Sure.
So this is one of the most closely watched, if not the most closely watched, succession battles on Wall Street.
It's also one of the most slowly moving succession battles on Wall Street.
It's been going on for a long time.
So the simplest way to think about these two guys is Doug Petno is an investment banker and Troy Roba is a trader.
Up until now, they've been co-heads of the commercial investment bank division at J.P.
Morgan, which is about 40% of the bank's profits.
And neatly, it is basically made up of investment banking and trading.
Now what's going to happen is Doug Petno is going to be the sole head of that business.
And Troy Roba is going to become the head of the Chase consumer business at J.P.
Morgan, which is also about 40% of the bank's profits.
In addition to the elevation for Petno and Roba, you also had the announced departure of Marianne Lake.
who was also a top candidate for the job.
Her departure was quite a big surprise.
We won't know how significant ultimately until the day that Jamie Dimon eventually decides to leave.
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