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JPMorgan names O’Donovan next HR chief
Finance
— Sep 29, 2026
JPMorgan Chase named 30-year company veteran Mark O’Donovan, currently its international consumer banking chief, as its next global head of human resources, succeeding retiring Robin Leopold in January 2027. The operational leader will join the bank’s operating committee as it manages AI-driven workforce changes; Daniel Llano Manibardo will take over O’Donovan’s current role.
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JPMorgan Ends Lending After AI Fund Loses 67%
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— Sep 11, 2026
JPMorgan ended its lending relationship with Situational Awareness, the AI-focused hedge fund founded by Leopold Aschenbrenner, after the fund suffered a 67% drop in July and faced a margin call that led to liquidating much of its public equity; other major banks remain lenders, illustrating a cautious stance by prime brokers toward highly leveraged AI-related bets. The move follows the fund’s heavy exposure to AI and semiconductor equities and underscores the risks of borrowed funding in concentrated, technology-focused strategies.
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