JPMorgan has reported a rise in its third-quarter profit, but missed expectations after the US bank reported a slowdown in its fixed income trading division.
The incident has been reported to the relevant UK authorities.
Gundel, who was most recently chief executive of the German home improvement company OBI, will start on 1 February 2027.
Meanwhile housebuilder Bellway has said that it expects its profit margins to come under further pressure next year.
Q3 26 Earnings Conference Call At 8: 30 AM ET * JPMorgan Chase Q2 Profit, AUM Climb; But Shares Drop * JPMorgan Chase & Co.