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FT News Briefing

Jamie Dimon succession race narrows

FT News Briefing

Forhecz Topher

News & Politics, Daily News, News

4.41.3K Ratings

🗓️ 26 June 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

The race to succeed JPMorgan Chase chief executive Jamie Dimon just got tighter, and the investment chief at insurance group Allianz is warning that the SpaceX bond sale signals markets are in ‘bubble territory’. Plus, the US Supreme Court shielded German pharmaceuticals group Bayer from thousands of lawsuits over its Roundup weedkiller.


Mentioned in this podcast:

Jamie Dimon promotes two potential successors at JPMorgan

SpaceX bond sale signals markets are in ‘bubble territory’, warns Allianz CIO

Bayer wins crucial US Supreme Court ruling over Roundup weedkiller


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The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.


Read a transcript of this episode on FT.com


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Transcript

Click on a timestamp to play from that location

0:00.0

If you have already taken our survey about a Saturday FT news briefing, thank you, but you can ignore this.

0:06.1

Just tune me out for like the next 10 seconds.

0:09.4

For everyone else, take the survey.

0:11.7

The link is in the show notes, and by taking it, you could win a fancy new pair of headphones.

0:16.6

All right, on to the show.

0:20.6

Good morning from the Financial Times.

0:22.3

Today is Friday, June 26th, and this is your FT News Briefing.

0:26.6

The race to succeed Jamie Diamond just got a little tighter,

0:30.3

and concerns over Space X's bond sales are bubbling up.

0:34.4

Plus, the U.S.'s top court is shielding Bayer from litigation related to the weed killer

0:39.3

Roundup.

0:40.3

They were in a big crisis, and now this offers them a way out.

0:44.9

So at the end, it's great news for the company and for their CEO, Bill Anderson.

0:50.3

I'm Mark Filipino, and here's the news you need to start your day.

1:02.1

Thank you. I'm Mark Filipino, and here's the news you need to start your day. J.P. Morgan Chase elevated two possible candidates yesterday to eventually replace Jamie Diamond as

1:07.9

CEO. Doug Petno and Troy Roarbaugh will serve as co-presidents of America's

1:12.9

Biggest Bank. What does that mean for the future of J.P. Morgan, though? Joshua Franklin is the F.T.'s

1:18.1

U.S. banking editor. He joins me now to talk about this. Hi, Josh. Hi there. So, first of all,

1:23.8

introduce us to Petno and Roerbaugh. are they, and how will they split this role?

1:28.7

So this is one of the most closely watched, if not the, most closely watched, succession

1:33.1

battles on Wall Street.

1:34.4

It's also one of the most slowly moving succession battles on Wall Street.

...

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