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Benzinga
Benzinga
Business
Akanksha Bakshi

JPMorgan Poaches Berkshire Hathaway Star For $10 Billion US Investment Blitz

Berkshire Berkshire Hathaway JPM JPMorgan United States Todd Combs BRK JPMorgan Chase Jamie Dimon Berkshire Hathaway Inc
Jpmorgan,Chase,Logo,In,Front,Of,Company,Ceo,Jamie,Dimon.

JP Morgan Chase & Co. (NYSE:JPM) is putting a familiar name behind its newest, biggest U.S.-focused investing push, and the move doubles as a headline-grabbing talent shift out of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK).

JPMorgan Chase named Todd Combs, Berkshire Hathaway investment manager, GEICO CEO, and former JPMorganChase board member, to lead the firm’s $10 billion Strategic Investment Group under its new Security and Resiliency Initiative (SRI).

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