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JPMorgan’s Jamie Dimon says finding next CEO most important task

JPMorgan Chase & Co. is focusing on succession planning and has “extremely” talented people ready to eventually run the bank, Chief Executive Officer Jamie Dimon said Tuesday. Dimon said he and his team have spent a lot of time thinking about what will happen after he steps down, but did not provide a specific timeline. […]

Jamie Dimon backs ‘Buffett Rule’ to raise taxes on millionaires

Billionaire banking executive Jamie Dimon has said he supports taxing the wealthy to pay down the national debt. The CEO of JPMorgan Chase said he supports the so-called “Buffett Rule,” which would require everyone making more than $1 million a year to pay a minimum effective tax rate of 30% on their income. Reducing the […]

Wall Street CEOs including Jamie Dimon rip Trump assassination attempt

Wall Street CEOs, including Jamie Dimon, have condemned political violence, echoing calls for unity from former President Donald Trump and President Joe Biden following the weekend assassination attempt on Trump. JPMorgan Chase CEO Jamie Dimon said in a memo to employees on Sunday that the bank was “deeply saddened by the political violence.” “We must […]

Race to succeed JPMorgan’s legendary CEO Jamie Dimon widens

The battle at JPMorgan to replace CEO Jamie Dimon is heating up, even as the banking giant does a good job of keeping the mayhem from leaking to the press. The legendary financier recently shocked the banking world by saying he would step down sooner than the original five-year deadline, probably in two or three […]

Dimon says hard landing still possible

JPMorgan Chase Chairman and CEO Jamie Dimon said there is still a chance the U.S. economy will have a hard landing. In an interview Asked by CNBC’s Sri Jegarajah about the possibility of an economic hard landing at the JPMorgan Global China Summit in Shanghai, Dimon said “of course” there could be a hard landing […]

JPMorgan Chase CEO Jamie Dimon, 68, hints he’ll retire sooner than expected

JPMorgan Chase & Co. Chief Executive Jamie Dimon has indicated he may step down as head of the nation’s largest financial institution sooner than widely expected. The 68-year-old Wall Street mogul told analysts at JPMorgan Chase & Co.’s Investor Day on Monday. [for his retirement] It’s been less than five years. ” He did not […]

JPMorgan Chase CEO Jamie Dimon lays out his timeline for retirement

JPMorgan Chase CEO Jamie Dimon highlighted recent concerns about the U.S. economy and the expected impact of looming banking regulations. JPMorgan Chase CEO Jamie Dimon He told analysts and investors on Monday that he is likely to leave the company within the next five years as succession planning begins to come into focus. Dimon made […]