Jamie Dimon

JPMorgan Chase CEO Jamie Dimon calls PM Modi ‘tough’ for breaking old bureaucratic systems – The Economic Times Video

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Jamie Dimon, Chairman and CEO of JPMorgan Chase praised PM Modi and expressed his admiration for the achievements of India. The 68-year-old, JPMorgan Chase CEO was speaking at an event organised by the Economic Club of New York. Dimon highlighted PM Modi’s efforts in poverty alleviation, infrastructure development, bureaucratic reforms, financial inclusivity. While highlighting PM … Read more

Jamie Dimon rakes in more than $180M from planned sale of JPMorgan stock

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JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1 million shares. Last October, JPMorgan had said Dimon and his family intended to sell 1 million of their 8.6 million shares, the first time Dimon was selling shares since becoming the CEO … Read more

Jim Cramer’s quick takes on JPMorgan, Tesla, TSMC, Take-Two and Fastly

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Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. JPMorgan : CEO Jamie Dimon’s annual letter to shareholders is out. He thinks artificial intelligence can be as revolutionary as the printing press, steam engine, electricity, computing, and the internet. He also sees a broad range of interest … Read more

Citigroup CEO Jane Fraser has chance to pull off the restructure of the century, bring banking empire back to its former glory

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It seems almost unfathomable that there was time — and not that long ago — that Citigroup was the model financial services firm.  It might be yet again — but only if its CEO Jane Fraser can pull off the restructuring of the century.  Full disclosure: I’m not a believer in the Citi comeback story, … Read more

White House fury at Chase CEO Jamie Dimon for backing MAGA  

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Jamie Dimon, CEO of America’s largest bank JP Morgan Chase, has been iced out of the White House’s good graces after apparently endorsing Republican policies and calling Donald Trump “kind of right,” The Post has learned. The self-identified Democrat has been labeled “MAGA curious” by White House insiders after telling Democrats to “respect” Trump’s supporters … Read more

Who Is Succeeding JPMorgan’s Jamie Dimon? See Frontrunners

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This article originally appeared on Business Insider. A longtime JPMorgan executive who has kept a low public profile while cultivating a reputation as a successful trader with a talent for managing risk is emerging as a contender to succeed Jamie Dimon as chief executive. Dimon, the longest-tenured Wall Street CEO, has not revealed plans to … Read more

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

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JPMorgan Chase shuffled executives in its investment banking and consumer units on Thursday, giving them more experience running different businesses as Wall Street focuses on the bank’s succession plans for CEO Jamie Dimon. The largest US lender appointed Marianne Lake sole CEO of the consumer division, which was previously run together by Lake and Jennifer Piepszak, according to a filing. … Read more

Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

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DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon is a long-time bitcoin critic. The bank chief said in 2021 at peak crypto valuations that bitcoin was “worthless,” and he doubled down on that sentiment last … Read more

War hell for Volodymyr Zelensky at Davos

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Volodymyr Zelensky is used to getting his way when it comes to money. Look at the untold billions US taxpayers have given his country to defeat Russian aggression. Money from the private sector has been much less easy. Witness the chilly reception he received from bankers this past week at the World Economic Forum in … Read more

Who said what at the World Economic Forum (WEF)

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People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.  Denis Balibouse | Reuters The potential for generative artificial intelligence, when interest rates might be cut, and the ongoing wars in Ukraine and the Gaza Strip were key topics at the World Economic Forum in Davos, Switzerland this … Read more