JPMorgan Chase

The case is one of the latest to question if firms can be held liable for costly investment decisions made by clients showing signs of mental decline.

Erdoes, CEO of asset and wealth management, leads more than 30,000 employees with 15 direct reports and helps manage the bank's $5.4 trillion in client assets.

The former co-CEO of the consumer and community banking division, Piepszak was named co-CEO of the newly formed commercial and investment bank in January.

In January, Lake became full CEO of the consumer and community banking division. She is focused on growing the bank's customer base while keeping them digitally engaged and deepening their experiences with additional products and services.

Friedman, general counsel for the bank, plans to have the company's entire legal department equipped with artificial intelligence by year end.

As global head of advisory, Aiyengar directs M&A and also leads the corporate advisory and sustainable solutions and director advisory services lines of business.

Heitsenrether is in charge of the bank's new data and analytics unit, established to propel the bank's leap toward integrating generative artificial intelligence into its products and business model. 

As global chief information officer, Beer is responsible for the bank's global technology systems and infrastructure and manages a $17 billion budget. She oversees more than 63,000 technologists and has 18 direct reports.

Bank of America is planning to open 165 new branches by the end of 2026. As brick-and-mortar locations remain critical for adding new customer accounts, JPMorgan Chase and Wells Fargo are also making targeted additions to their branch networks.

The new bank-led digital wallet is signing up financial institutions, but payment experts say broadening its merchant base and reaching consumers will be an uphill climb.