Investing
JPMorgan’s Dimon says bank’s plans regarding his tenure are unchanged
© Reuters. FILE PHOTO: Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello
(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon said he still approaches his job leading the largest U.S. bank with the same intensity, when asked by analysts about his retirement plans on Monday.
Succession plans of Wall Street giants have come into focus after Morgan Stanley (NYSE:) chief James Gorman outlined steps last week to hand over reins in twelve months.
Asked how many more years he wanted to stay as CEO, Dimon said, with a laugh, “three and a half.” He added that he was on the same timetable as before, without specifying a period.
Dimon, 67, successfully steered JPMorgan (NYSE:) through multiple financial crises to emerge as the most resilient since he took over the bank in 2006. His emphasis on building a “fortress balance sheet” for over a decade has won huge favor among shareholders and investors.
Arguably the most powerful voice on Wall Street, he is often asked to weigh in on economic, business and public policy issues.
Read the full article here
-
Passive Income7 days ago
The One Microsoft Design Tool Business Owners Shouldn’t Miss
-
Side Hustles5 days ago
The DOJ Reportedly Wants Google to Sell Its Chrome Browser
-
Side Hustles5 days ago
How to Create a Unique Value Proposition (With Tips & Examples)
-
Investing4 days ago
Are You Missing These Hidden Warning Signs When Hiring?
-
Investing6 days ago
This Founder Turned a Hangover Cure into Millions
-
Investing7 days ago
Your Firsthand Experiences Shape the Way You Run Your Business — Here’s How Mine Shaped Me
-
Investing4 days ago
Google faces call from DuckDuckGo for new EU probes into tech rule compliance By Reuters
-
Make Money4 days ago
7 Common Things You Should Never Buy New