JPMorgan set to reshuffle investment bank chiefs amid wider shake-up
Dorothee Blessing, Kevin Foley and Jared Kaye expected to become co-heads of global investment banking
Dorothee Blessing, Kevin Foley and Jared Kaye expected to become co-heads of global investment banking

Rising costs in consumer unit are a ‘big part’ of overall increase in spending

Vis Raghavan, who joined Citigroup as head of banking last June, has tapped former colleagues for senior roles

Bank’s 10-year plan will help companies in defence, energy and other critical sectors raise funding

New-York based bank puts focus on teaming up as it tries to net bigger corporate deals

Move underscores tensions between Wall Street banks and clients as businesses converge

JPMorgan Chase, Goldman Sachs and Citigroup buoyed by return of dealmaking