JPMorgan Chase & Co. CEO Jamie Dimon will remain at the bank and has no plans to join the Trump administration, although there are questions about whether he will take a senior government role after the presidential election, people familiar with the matter said. .
Mr. Dimon, 68, has been the subject of repeated speculation in recent weeks as a candidate for Treasury secretary by both Republicans and Democrats, but last month he said his chances of running for office were “nearly zero.”
The executive has run JPMorgan for about 19 years.
The board has nominated four candidates to succeed Mr. Dimon should he ultimately resign.
“Our nation is now coming to the conclusion of one of the most contested and at times divisive elections in our nation's recent history,” Dimon said in a statement Tuesday, before the election results were known. . “The American people have made a decision, and soon there will be a time for all of us to unite behind our next president and all of our nation's leaders.”
