Tim Fitzgerald will succeed Heitsenrether as global head of securities services, according to another memo. Since Heitsenrether took over securities services in 2015, the division's revenue has risen by more than 22%, while assets under custody grew by almost $9 trillion, according to the memo announcing her new position. Fitzgerald, based in Dublin, was promoted in 2021 to global head of custody and fund services after joining the lender in 2016. He will report to Marc Badrichani and Troy Rohrbaugh under a newly merged division overseeing markets, sales, research and securities services. Badrichani runs global sales and research at the bank, while Rohrbaugh leads its trading arm.

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Persons: Teresa Heitsenrether, Tim Fitzgerald, Heitsenrether, Fitzgerald, Marc Badrichani, Troy Rohrbaugh, Rohrbaugh, Nupur Anand, Lananh Nguyen, Mark Porter, Jonathan Oatis Organizations: YORK, JPMorgan Chase &, Reuters Wednesday, Bloomberg, Thomson Locations: U.S, Dublin