JPMorgan elevated Jennifer Piepszak to COO as part of a new management reshuffling announced Tuesday, but the nation’s largest bank said that Piepszak doesn’t want to succeed Jamie Dimon as CEO.

Investing.com -- JPMorgan Chase (NYSE:JPM) has named Jennifer Piepszak, the current co-CEO of its commercial and investment bank, as its new chief operating officer, effective immediately.