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Jaime Dimon
Latest Headlines
Latest Headlines
JPMorgan will not recruit from Citi, Bank of America
Ken Feinberg, the Treasury's special master on compensation, has slashed the overall compensation at Bank of America ( BAC ) and Citigroup ( C ) (though base salaries actually rose). And that has reignited the old gripe that the two banks simply can't compete for talent against the big boys of
Gasparino vs. Sorkin
We've spoken a lot about the analysts who have fared well in the crisis, the likes of Meredith Whitney and Richard Bove. We've also spoken about the CEOs who have risen, Jaime Dimon and Lloyd Blankfein. But what about the Wall Street reporters? Two of the biggest Charles Gasparino, of CNBC fam
Who hates who on Wall Street
You would think that Wall Street's top dogs would've stood united during the nadir of the credit crunch. But it's doubtful these guys will ever link arms; there's a lot of testosterone coursing around the executive suites.
New York Magazine mines Andrew Ross Sorkin's new book, "Too Big to
The future chief of JPMorgan?
Like all bank boards, the JPMorgan board must consider the issue of succession--even when the CEO is only 53 and at the peak of his powers. Jamie Dimon may have made his pick. He set up James Staley as the sole head of investment banking. At the same time, William Winters, current co-head of inves
Chris Flowers take a hit
A few guys seemed to really "benefit" from the financial crisis. Jamie Dimon's stature has been elevated. So, too, has Larry Fink's. There was a point at which Chris Flowers seemed to similarly be a man in the middle. He was certainly a must-call sort of guy when Wall Street was grappling with imp
Big banks and private equity: Partners again
The financial sponsorship business was great for the top investment banks--until the private equity business imploded in the credit crunch. That heated up a lot of the simmering tensions that were less important when everyone was making so much money.
Recall that KKR, among others, aimed to st
Spinning JPMorgan Chase's warrants move
Jaime Dimon seems to be all alone when he spurned the government's offer to buy back warrants at the given price. Instead, he opted to take the other approach, which was to sell the warrants via a public auction. Other banks, perhaps eager to avoid charges that it was short-changing taxpayers, hav
The real power at JPMorgan Chase
TheStreet.com weighs in with an interesting piece on JPMorgan Chase vice chairman James Bainbridge Lee Jr.--the man whose office is right next to Jaime Dimon's. He seems to be an outsized personality, the stuff of novels and legend. "There is no doubt Lee is still viewed by many executives in
Jamie Dimon sounds off
At JPMorgan Chase's annual meeting, CEO Jamie Dimon declared that the bank had what may have been its "finest year ever." Indeed, the bank soared (relatively) as its big name consumer rivals faltered. The acquisitions of Bear Stearns and Washington Mutual seem to be paying off. And the bank actual
JPMorgan puts pressure on government
Goldman Sachs has made clear that it wants to repay its TARP funds quickly. JPMorgan, in the wake of its surprisingly good earnings, has been less definitive. CEO Jamie Dimon did call TARP funds a "scarlet letter" and says the bank "learned its lesson about borrowing from the government," accordin
