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Citigroup, amid layoffs, gives CEO Jane Fraser bigger pay raise than Jamie Dimon

Citigroup Inc. has increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million in 2023, the financier said in a Tuesday filing. Her salary consisted of a base salary of $1.5 million, a cash bonus of $3.7 million and deferred performance shares of $20.8 million, according to the filing. Mr. Fraser’s compensation […]

JPMorgan CEO Jamie Dimon shuffles top bosses as Wall Street focuses on succession

JPMorgan Chase & Co. on Thursday reshuffled its investment banking and consumer executives and reorganized management of its various businesses as Wall Street focused on the bank's plan to replace Chief Executive Officer Jamie Dimon. Gained experience. The largest U.S. lender has appointed Marianne Lake as sole CEO of its consumer division, which was previously […]

JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on – CNBC

JPMorgan Chase President and CEO, Chairman and CEO Jamie Dimon speaks on CNBC's Squawk Box during the World Economic Forum Annual Meeting in Davos, Switzerland on January 17, 2024. Adam Garisi | CNBC JPMorgan Chase Thursday Said Several executives who were considered front-runners for Jamie Dimon to someday take over as CEO have been given […]

JPMorgan CEO Jamie Dimon gets $36M pay package in 2023

JPMorgan's board of directors will give Chief Executive Officer Jamie Dimon a 4.3% raise in 2023, bringing his annual compensation to $36 million, after the bank posted record profits in its fiscal year. decided to raise it to . The board awarded Mr. Dimon a salary of $1.5 million and performance-based incentives of $34.5 million, […]

Jamie Dimon tells Dems to be ‘respectful’ of MAGA supporters

JPMorgan CEO Jamie Dimon urged Democrats to be “more respectful” to supporters of Republican front-runner Donald Trump. Otherwise, it risks harming President Joe Biden's re-election. “I wish Democrats would think a little more carefully when they talk about MAGA,” Dimon said. CNBC's “Squawk Box” On Wednesday, he referenced President Trump's campaign slogan, “Make America Great […]

Jamie Dimon weighs in on AI, says only ‘God knows’ what the tech will do for humanity

JPMorgan Chase CEO Jamie Dimon talks about the Federal Reserve's interest rate trajectory, the 2024 economy, looming banking regulation, and artificial intelligence. As artificial intelligence continues to revolutionize the world around us, JPMorgan Chase CEO Jamie Dimon says the technology will have a “tremendous” impact on healthcare and finance. I'm predicting. How AI is revolutionizing […]

Jamie Raskin tangles with Byron Donalds on Trump hotels, emoluments clause

Rep. Jamie Raskin (D-Md.) said Wednesday during a House Oversight Committee hearing on former President Trump's hotels and the Constitution's bonus clause that Democrats revealed the former president received compensation. After that, he sparred with Congressman Byron Donald (R-Florida). While in the White House, millions of dollars are transferred from foreign entities. “Hotels are no […]