Title: Wall Street’s Summer of Succession The financial industry in Wall Street is experiencing a major leadership transition this summer. Many top executives are retiring or stepping down from their positions, leaving their companies in need of new leaders. This succession process has caused a ripple effect throughout the industry, with companies scrambling to find the right candidates to fill these vacancies. The future of Wall Street will be shaped by the choices made during this pivotal time of change.

Wall Street is experiencing a summer of succession stories, with rumours and speculation surrounding who will take over at banks including Lazard, Morgan Stanley and JPMorgan. Lazard has announced that Peter Orszag will replace Kenneth Jacobs as CEO, while Morgan Stanley’s James Gorman has said he will relinquish his CEO role in the next year, with three internal candidates in the running to replace him. JPMorgan CEO Jamie Dimon has not yet announced a successor, despite rumours circulating for years. Insider has more on the succession stories and the individuals involved.