Is JPMorgan really ditching government homeownership programs?
Get ready for the bankers to say I told you so. Earlier this week, on a conference call with analysts following its second quarter earnings, JPMorgan Chase CEO Jamie Dimon said his bank was pulling...
View ArticleNew banking rules have not hurt Jamie Dimon
When do you know that somebody is tone deaf? Those with any measure of sense on cents know when an individual is tone deaf. How so? When said individual racks up compensation in the multiple tens of...
View ArticleGoldman rides tax inversions to top of M&A heap
Tax inversions have been, well, golden, for Goldman Sachs. The investment bank has made more than any other Wall Street firm advising companies on the controversial acquisition deals that have enabled...
View ArticleWatch Jamie Dimon request quick death for “big dumb banks”
At the World Economic Forum today, Jamie Dimon, the CEO of JP Morgan jpm called for humane executions of bad banks: “When banks fail, the FDIC takes them over, liquidates them and the rest of the...
View ArticleThe London Whale-sized loopholes in Wall Street pay reform
Just weeks after his first inauguration, President Obama delivered a landmark speech on the dangers of over-the-top Wall Street pay. Today, more than five years later, he's still nagging regulators to...
View ArticleJP Morgan Chase CEO Jamie Dimon is cancer-free
Earlier this year, Jamie Dimon, JP Morgan Chase’s CEO, announced that he had been diagnosed with throat cancer. Today, he sent a memo to company employees saying that he had been declared cancer-free....
View ArticleJamie Dimon calls regulation un-American, once again
JPMorgan Chase CEO Jamie Dimon still thinks the way banks are treated these days is un-American. On a conference call on Wednesday morning in which the bank reported that last year it had earned $22...
View ArticleJPMorgan’s Dimon gets his bonus again
(REUTERS) – JPMorgan Chase & Co’s Jamie Dimon’s compensation in 2014 stayed unchanged at $20 million, but the chief executive officer got a cash bonus, something he was not awarded in 2013. Dimon’s...
View ArticleWhy JPMorgan Chase wants a ‘Wonderful Life’ bank
These days, JPMorgan is emphasizing dog treats over derivatives. On Tuesday, at the bank’s annual investor day, when CEO Jamie Dimon took the mic, one of the first things he told investors to do was...
View ArticleIs JPMorgan Chase really America’s dog-friendliest bank?
JPMorgan Chase’s CEO Jamie Dimon wants investors and regulators to know that his bank is not about risky whale-sized derivatives trading. What is JPMorgan Chase really about? Serving regular Americans,...
View ArticleJamie Dimon’s Diaspora: The lofty perches where ex-JPMorganites land
On Thursday, British bank Standard Chartered hired Bill Winters as its chief executive. You may recognize Winters, who has been in hibernation for the past few years running a small asset management...
View ArticleJ.P. Morgan: Taking on more risk than it can handle?
If J.P. Morgan's board can't stand the fire, they should get out of the kitchen. On May 19, in Detroit, J.P. Morgan CEO Jamie Dimon and members of his longstanding board-level entourage will meet with...
View ArticleJamie Dimon’s pay package: Wrong for all the right reasons
Will J.P. Morgan shareholders say no to CEO Jamie Dimon's $27.7 million 2014 pay package? At the financial giant’s annual meeting on Tuesday, proxy information firm Institutional Shareholder Services...
View ArticleECB peps markets and JPMorgan shareholders vote on Dimon’s pay–5 things to...
Hello friends and Fortune readers. Wall Street futures are higher this morning after European Central Bank officials promised more stimulus. The dollar is also sharply higher against the euro, while...
View ArticleJamie Dimon is sick and tired of ‘lazy’ shareholders voting against him
Jamie Dimon has had enough of the “lazy” shareholders who are critical of JPMorgan Chase’s leadership--at least that’s what he let slip at an investor meeting this week. Shareholder advisory firms,...
View ArticleFIFA probe and May auto sales–5 things to know today
Hello friends and Fortune readers. Wall Street futures and the dollar are a touch lower this morning, while crude oil futures are holding above $60 a barrel as OPEC ministers prepare to meet in Vienna....
View ArticleJamie Dimon has a brand new title
The JPMorgan Chase & Co stock is up, and along with it, so is CEO Jamie Dimon’s wealth. According to today’s Bloomberg Billionaires Index, Dimon is now a billionaire, with an estimated $1.1 billion...
View ArticleThis man just became richer than Warren Buffett
Amancio Ortega, founder of clothing retailer Zara, is now the second-richest man in the world, knocking legendary investor Warren Buffett into third place. The 79-year-old, who hails from Spain, is...
View ArticleThe Elizabeth Warren vs Jamie Dimon feud is heating up
There are few words in the English language that strike fear in the hearts of Wall Street bankers like “Elizabeth Warren.” The senior senator from Massachusetts has led the fight for tougher...
View ArticleRead JPMorgan chief Jamie Dimon’s eulogy of Jimmy Lee
In a near-full St. Patrick's Cathedral Monday morning, at what turned out to be the big-business version of a state funeral, JPMorgan Chase JPM CEO Jamie Dimon delivered a eulogy of his close friend...
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