James Dimon (/ˈdmən/; born March 13, 1956) is an American billionaire businessman and banker who has been the chairman and chief executive officer of JPMorgan Chase – the largest of the big four American banks – since 2005. Dimon was previously on the board of directors of the Federal Reserve Bank of New York.[2][3] Dimon was included in Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people.[4] Dimon's net worth is estimated at $1.8 billion.[5]

Jamie Dimon
The Global Financial Context James Dimon (cropped).jpg
Dimon in 2013
Born
James Dimon

(1956-03-13) March 13, 1956 (age 66)
New York City, U.S.
EducationTufts University (BA)
Harvard University (MBA)
Occupation
  • Businessman
  • banker
Title
Spouse(s)Judith Kent
Children3

Dimon is one of the few bank chief executives to become a billionaire, largely because of his US$485 million stake in JPMorgan Chase.[6] He received a $23 million pay package for fiscal year 2011, more than any other bank CEO in the US.[7] However, his compensation was reduced to $11.5 million in 2012 by JPMorgan Chase following a series of controversial trading losses amounting to $6 billion. Dimon received $29.5 million in fiscal year 2017.[8]

Early life and educationEdit

Dimon was born in New York City. He is one of three sons of Theodore and Themis (née Kalos) Dimon, who had Greek ancestry.[9] His paternal grandfather was a Greek immigrant who worked as a banker in Izmir and Athens, and changed the family name from Papademetriou to Dimon; reportedly it was either because as he was trying to find work as a busboy he realized people didn't want to hire Greeks, or because he had fallen in love with a French girl and wanted his name to sound French.[9][10] Dimon has an older brother, Peter, and a fraternal twin brother, Ted. Both his father and grandfather were stockbrokers at Shearson.[11]

He attended the Browning School,[12] and majored in psychology and economics at Tufts University, where he graduated summa cum laude. At Tufts, Dimon wrote an essay on Shearson's mergers; his mother sent the paper to Sandy Weill, who hired Dimon to work at Shearson during one summer break, doing budgets.[13]

After graduating, he worked in management consulting at Boston Consulting Group[14] for two years before enrolling at Harvard Business School, along with classmates Jeff Immelt, Steve Burke, Stephen Mandel, and Seth Klarman. During the summer at Harvard, he worked at Goldman Sachs. He graduated in 1982, earning an MBA as a Baker Scholar.[15]

After graduation from Harvard Business School, Sandy Weill convinced him to turn down offers from Goldman Sachs, Morgan Stanley, and Lehman Brothers to join him as an assistant at American Express.[16] Although Weill could not offer the same amount of money as the investment banks, he promised Dimon that he would have "fun".[17] Dimon's father, Theodore Dimon, was an executive vice president at American Express.[18]

CareerEdit

Commercial credit and transition into CitigroupEdit

Sandy Weill left American Express in 1985 and Dimon followed him. The two then took over Commercial Credit, a consumer finance company, from Control Data. At 30 years of age, Dimon served as the chief financial officer,[19] helping to turn the company around. Through a series of mergers and acquisitions, in 1998 Dimon and Weill were able to form a large financial services conglomerate, Citigroup. Dimon left Citigroup in November 1998, after being asked to resign by Weill during a weekend executive retreat.[20] It was rumored at the time that he and Weill argued in 1997 over Dimon's not promoting Weill's daughter, Jessica M. Bibliowicz,[21] although that happened over a year before Dimon's departure. At least one other account cites a request by Dimon to be treated as an equal as the real reason.[22]

Move to J.P. MorganEdit

 
Interview of Dimon with president of Argentina Mauricio Macri, to announce higher investments of JP Morgan Chase in the country.

In March 2000, Dimon became CEO of Bank One, the nation's fifth largest bank.[23] When JPMorgan Chase purchased Bank One in July 2004, Dimon became president and chief operating officer of the combined company.

On December 31, 2005, he was named CEO of JPMorgan Chase and on December 31, 2006, he was named Chairman and President.[24] In March 2008 he was a Class A board member of the Federal Reserve Bank of New York. Under Dimon's leadership, with the acquisitions during his tenure, JPMorgan Chase has become the leading U.S. bank in domestic assets under management, market capitalization value, and publicly traded stock value. In 2009, Dimon was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.[25][26]

On September 26, 2011, Dimon was involved in a high-profile heated exchange with Mark Carney, the governor of the Bank of Canada, in which Dimon said provisions of the Basel III international financial regulations discriminate against U.S. banks and are "anti-American".[27] On May 10, 2012, JPMorgan Chase initiated an emergency conference call to report a loss of at least $2 billion in trades that Dimon said were "designed to hedge the bank's overall credit risks". The strategy was, in Dimon's words, "flawed, complex, poorly reviewed, poorly executed, and poorly monitored".[28] The episode was investigated by the Federal Reserve, the SEC, and the FBI and the central actor was labelled with the epithet the London Whale.[29]

Dimon commented on the Volcker Rule in January 2012, "Part of the Volcker Rule I agreed with, which is no prop trading. But market making is an essential function. And the public should recognize that we have the widest, the deepest, the most transparent capital markets in the world. And part of that is because we have enormous market making. If the rules were written as they originally came out; I suspect they'll be changed, it would really make it hard to be a market maker in the United States."[30] He served as chairman of the executive committee of The Business Council for 2011 and 2012.[31]

On January 24, 2014, it was announced that Dimon would receive $20 million for his work in 2013, a year of record profits and stock price under Dimon's reign, despite significant losses that year due to scandals and payments of fines. The award was a 74% raise, which included over $18 million in restricted stock. This is despite the recent $13 billion settlement with the US government, the largest in history, for bad mortgages and practices during the financial crisis.[32] Forbes reported that, in a statement following news of Dimon's compensation, the bank said, "Under Mr. Dimon's stewardship, the Company has fortified its control infrastructure and processes and strengthened each of its key businesses while continuing to focus on strengthening the Company's leadership capabilities across all levels."[33]

Federal TARP fundsEdit

As head of JPMorgan Chase, Dimon oversaw the transfer of $25 billion in funds from the U.S. Treasury Department to the bank on October 28, 2008, under the Troubled Asset Relief Program (TARP).[34] This was the fifth largest amount transferred under Section A of TARP[35] to help troubled assets related to residential mortgages. It has been widely reported[36] that JPMorgan Chase was in much better financial shape than other banks and did not need TARP funds but accepted the funds because the government did not want to single out only the banks with capital issues. JPMorgan Chase advertised in February 2009 that it would be using its capital-base monetary strength to acquire new businesses.[37]

By February 2009, the U.S. government had not moved forward in enforcing TARP's intent of funding JPMorgan Chase with $25 billion.[34] In the face of the government's lack of action, Dimon was quoted during the week of February 1, 2009, as saying,

JPMorgan would be fine if we stopped talking about the damn nationalization of banks. We've got plenty of capital. To policymakers, I say where were they? ... They approved all these banks. Now they're beating up on everyone, saying look at all these mistakes, and we're going to come and fix it.[38][39]

JPMorgan Chase was arguably the healthiest of the nine largest U.S. banks and did not need to take TARP funds. In order to encourage smaller banks with troubled assets to accept this money, Treasury Secretary Henry Paulson allegedly coerced the CEOs of the nine largest banks to accept TARP money under short notice.[40]

Political endeavorsEdit

Dimon donates primarily to the Democratic Party.[41] In May 2012, he described himself as "barely a Democrat"[42] stating,

I've gotten disturbed at some of the Democrats' anti-business behavior, the attacks on work ethic and successful people. I think it's very counterproductive. ... It doesn't mean I don't have their values. I want jobs. I want a more equitable society. I don't mind paying higher taxes. ... I do think we're our brother's keeper but I think that attacking that which creates all things, is not the right way to go about it.[42]

After Barack Obama won the 2008 presidential election, there was speculation that Dimon would serve in the Obama Administration as Secretary of the Treasury. Obama eventually named the president of the Federal Reserve Bank of New York, Timothy Geithner, to the position.[43]

Following the acquisition of Washington Mutual by JPMorgan Chase, Obama commented on Dimon's handling of the real-estate crash, credit crisis, and the banking collapse affecting corporations nationwide, including major financial institutions like Bank of America, Citibank, and Wachovia (later acquired by Wells Fargo).

You know, keep in mind, though, there are a lot of banks that are actually pretty well managed; JP Morgan being a good example. Jamie Dimon, the CEO there; I don't think he should be punished for doing a pretty good job managing an enormous portfolio.[44]

Dimon has had close ties to some people in the Obama White House, including former Chief of Staff Rahm Emanuel.[45] Dimon was one of three CEOs—along with Goldman Sachs Chairman Lloyd Blankfein and Citigroup CEO Vikram Pandit—said by the Associated Press to have had liberal access to former Treasury Secretary Timothy Geithner.[46][47] Nonetheless, Dimon has often publicly disagreed with some of Obama's policies.[48]

On the May 15, 2012, episode of ABC's The View, Obama responded to a question from Whoopi Goldberg regarding JPMorgan Chase's recently publicized $2 billion trading losses by defending Dimon against allegations of irresponsibility, saying, "first of all, JP Morgan is one of the best managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we've got", but added, "it's going to be investigated".[49]

During the 2016 United Kingdom European Union membership referendum, JP Morgan Chase under Dimon's leadership donated large sums of money to the Remain campaign, and Dimon personally campaigned with Chancellor of the Exchequer George Osborne against Brexit.[50]

In December 2016, Dimon joined a business forum assembled by then president-elect Donald Trump to provide strategic and policy advice on economic issues.[51] The forum later dissolved after Trump's comments on the alt-right political violence at the 2017 Unite the Right rally, including the Charlottesville car attack.[52] During the presidency of Donald Trump, Dimon supported Trump's Tax Cuts and Jobs Act of 2017 but condemned the Trump administration's immigration and trade policies.[53] In a 2019 interview with 60 Minutes, Dimon said that the United States had reached "the most prosperous economy the world has ever seen" despite acknowledging issues such as income inequality and the China–United States trade war.[54] Dimon also criticized the U.S. federal government response to the COVID-19 pandemic under Trump in a letter to shareholders which also criticized the state of education, health care, and social safety nets in the United States.[55]

During the 2020 Democratic Party presidential primaries Dimon criticized the lack of a "strong centrist, pro-business, pro-free enterprise" candidate. In 2018 Dimon "thought about thinking about" starting his own presidential campaign in 2018 but decided that it would be too unpopular to succeed.[54][56] During the 2020 United States presidential election Dimon wrote a memorandum calling for candidates to respect the democratic process and a peaceful transition of power, writing "While strong opinions and tremendous passion characterized this U.S. election, it is the responsibility of each of us to respect the democratic process, and ultimately, the outcome."[57] Dimon condemned the 2021 United States Capitol attack.[58] In 2021, Trump complained that Dimon was "not a patriot" because of his company's business in China.[59]

In 2020 Dimon expressed support for higher income taxes on the upper class, but condemned the idea of a wealth tax.[60] On April 7, 2021, Dimon came out against the state and local tax (SALT) deduction implying that it was a tax deduction primarily for the rich saying that states like Illinois, California, New York "continue to fight for unlimited state and local tax deductions (because those five states reap 40% of the benefit) even though they are aware that over 80% of those deductions will accrue to people earning more than $339,000 a year."[61][62]

Dimon advocated a bill abolishing the United States debt ceiling, and warned that a sovereign default by the United States would have catastrophic consequences on the world economy.[63]

London WhaleEdit

In the case of the 2012 JPMorgan Chase trading loss, according to a US Senate report published in March 2013 after 9 months of investigation,[64] Dimon misled investors and regulators in April as losses rose dangerously to $6.2 billion on a "monstrous" derivatives bet made by the so-called "London Whale" Bruno Iksil. According to Carl Levin, chairman of this panel, JP Morgan had "a trading operation that piled on risk, ignored limits on risk taking, hid losses, dodged oversight and misinformed the public". Dimon dismissed press accounts of possible losses in Iksil's book as a "tempest in a teapot" on April 13, 2012 when he knew that Iksil had already lost $1 billion, which led Levin to say "None of those statements made on April 13 to the public, to investors, to analysts were true," and "The bank also neglected to disclose on that day that the portfolio had massive positions that were hard to exit, that they were violating in massive numbers key risk limits."[65][66]

Dimon corrected that wrong information a month later, in May 2012, before the true damage was revealed, after US Securities and Exchange financial watchdog started reviewing the losses.[67]

Climate changeEdit

Since the Paris Agreement was adopted in 2015, JPMorgan Chase provided $317 billion in fossil fuel financing – 33% more than any other bank. Chase’s managing director, Greg Determann said "Mr. Dimon is quite focused on the industry. It’s a huge business for us and that’s going to be the case for decades to come.”[68] Dimon is also one of the few big global lenders declining to join former Bank of England governor Mark Carney’s new Glasgow Financial Alliance for Net Zero.[69]

Personal lifeEdit

In 1983, Dimon married Judith Kent, whom he met at Harvard Business School. They have three daughters: Julia, Laura, and Kara Leigh.[70] Julia and Kara attended Duke University, while Laura is a Barnard College graduate and freelance journalist who formerly worked for New York Daily News and is currently a producer for ABC News.[71][72][73]

Dimon was diagnosed with throat cancer in 2014.[74] He received eight weeks of radiation and chemotherapy ending in September 2014.[75] In March 2020, at the age of 63, Dimon underwent "emergency heart surgery." The reason for the surgery was to repair an acute aortic dissection, a tear in the inner layer of the aorta, an artery that is the largest blood vessel in the body.[76] According to JP Morgan, Dimon recovered well from surgery,[77][78] with Gordon Smith and Daniel Pinto running the bank until his return.[79] In April 2020, it was announced that Dimon returned to work in a remote capacity due to the COVID-19 pandemic.[80]

Awards and honorsEdit

ReferencesEdit

  1. ^ "Business Roundtable Announces 2019 Leadership" Archived June 2, 2019, at the Wayback Machine (June 12, 2018). www.businessroundtable.org. Retrieved 2019-06-01.
  2. ^ [1] Archived October 19, 2012, at the Wayback Machine
  3. ^ "Board of Directors". Ny.frb.org. Archived from the original on July 21, 2015. Retrieved February 2, 2016.
  4. ^ "Jamie Dimon - Among the world's 100 most influential people". www.ellines.com. Archived from the original on July 19, 2019. Retrieved March 18, 2020.
  5. ^ Rogers, Taylor Nicole. "Joe Biden is reportedly considering JPMorgan Chase's Jamie Dimon for a top position in his administration. Here's how the CEO became one of the richest men in banking". Business Insider. Archived from the original on April 23, 2020. Retrieved April 16, 2020.
  6. ^ "Jamie Dimon Is Now a Billionaire, and He Got There in an Unusual Way". Bloomberg.com. June 3, 2015. Archived from the original on October 7, 2020. Retrieved September 17, 2020.
  7. ^ "JPMorgan's Dimon gets $23 million for 2011 and bragging rights – Fortune". Finance.fortune.cnn.com. April 4, 2012. Archived from the original on April 3, 2014. Retrieved February 2, 2016.
  8. ^ Blood, David; Noonan, Laura (July 23, 2017). "Bank chief executives' pay 2016". Financial Times. Archived from the original on July 25, 2018. Retrieved August 5, 2017.
  9. ^ a b Lee, MJ (May 14, 2012). "10 facts about Jamie Dimon". Politico. Archived from the original on June 18, 2012. Retrieved June 14, 2012.
  10. ^ Yang, Jia-Lynn (September 22, 2009). "The secret to Jamie Dimon's luster". Fortune. Archived from the original on January 8, 2016. Retrieved May 30, 2015.
  11. ^ Langley, Monica. Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financial World ... and then Nearly Lost it All. Simon & Schuster, 2003, p. 50
  12. ^ "Class of 1938 Alumnus Achievement Award". The Browning School. Archived from the original on June 14, 2012. Retrieved June 14, 2012.
  13. ^ "The bankers that define the decades: Jamie Dimon, JPMorgan Chase". Euromoney. June 10, 2019. Archived from the original on June 10, 2019. Retrieved June 14, 2019.
  14. ^ November 2021, Sarah Butcher 01 (November 1, 2021). "The JPMorgan banker who refused to work for an abusive boss". eFinancialCareers. Retrieved March 7, 2022.
  15. ^ "Jamie Dimon". newyorkfed.org. December 1, 2015. Archived from the original on December 8, 2015. Retrieved December 1, 2015.
  16. ^ Langley, Monica. Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financial World ... and then Nearly Lost it All. Simon & Schuster, 2003, p.74
  17. ^ Langley, 2003, p.74"
  18. ^ Cuff, Daniel F. (January 13, 1984). "Business People". The New York Times. ISSN 0362-4331. Archived from the original on March 18, 2020. Retrieved March 18, 2020.
  19. ^ "The bankers that define the decades: Jamie Dimon, JPMorgan Chase". Euromoney. June 10, 2019. Archived from the original on June 10, 2019. Retrieved June 14, 2019.
  20. ^ Langley, Monica. Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financial World ... and then Nearly Lost it All. Simon & Schuster, 2003, p.321
  21. ^ Nathans Spiro, Leah (June 30, 1997). "Too crowded under Traveler's umbrella?". BusinessWeek. Archived from the original on January 18, 2013. Retrieved November 21, 2004. (bad link, error 404)
  22. ^ Barrett, Paul M. (November 1, 2009). "I, Banker". The New York Times. Archived from the original on July 17, 2017. Retrieved February 24, 2017.
  23. ^ Rakesh Khurana, Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs (Princeton University Press, 2002)
  24. ^ "Board Member Bios". JPMorgan Chase. Archived from the original on January 5, 2016. Retrieved June 7, 2011.
  25. ^ "The Market's Best Managers - Forbes.com". Archive.is. Archived from the original on July 31, 2012. Retrieved February 2, 2016.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  26. ^ [2] Archived January 18, 2016, at the Wayback Machine
  27. ^ Braithwaite, Tom (September 26, 2011). "Dimon in attack on Canada's bank chief". FT.com. Retrieved February 2, 2016.
  28. ^ A (May 14, 2012). "Two billion dollar 'hedge' | FT Alphaville". Ftalphaville.ft.com. Archived from the original on September 11, 2012. Retrieved February 2, 2016.
  29. ^ "More Bad News For JPMorgan As FBI Gets Involved". Forbes.com. Archived from the original on January 8, 2016. Retrieved February 2, 2016.
  30. ^ "Interview – JPMorgan CEO Jamie Dimon on Regulation, Volcker Rule; Some of the Global Regulations Are "Un-American"". GuruFocus.com. Archived from the original on January 8, 2016. Retrieved February 2, 2016.
  31. ^ "Executive Committee 2015–2016". The Business Council. Archived from the original on July 21, 2013. Retrieved February 2, 2016.
  32. ^ Reuters (November 19, 2013). "JPMorgan agrees $13 billion settlement with U.S. over bad mortgages". {{cite journal}}: Cite journal requires |journal= (help)
  33. ^ Touryalai, Halah (January 24, 2014). "Jamie Dimon Gets $20 Million For His Worst Year As CEO, Why The Big Raise?". Forbes. Archived from the original on August 5, 2017. Retrieved September 1, 2017.
  34. ^ a b Jim Kim (October 13, 2008). "TARP details emerge – FierceFinanceIT". Fiercefinance.com. Archived from the original on August 27, 2013. Retrieved February 2, 2016.
  35. ^ "Tracking the $700 Billion Bailout – The New York Times". Projects.nytimes.com. Archived from the original on February 20, 2010. Retrieved February 2, 2016.
  36. ^ "Too Big to Fail Book" Archived August 16, 2018, at the Wayback Machine. The New York Times. November 12, 2009.
  37. ^ "JP Morgan Chase's Premature Evacuation". GuruFocus.com. Archived from the original on December 8, 2015. Retrieved February 2, 2016.
  38. ^ "JP Morgan Chase's Premature Evacuation". GuruFocus.com. Archived from the original on February 7, 2009. Retrieved February 2, 2016.
  39. ^ "Archived copy". Bloomberg News. Archived from the original on June 13, 2010. Retrieved March 7, 2017.{{cite web}}: CS1 maint: archived copy as title (link)
  40. ^ "Uncovered TARP Docs Reveal How Paulson Forced Bankers To Take Cash". Business Insider. May 13, 2009. Archived from the original on January 8, 2016. Retrieved February 2, 2016.
  41. ^ Weiner, Rachel (June 14, 2012). "Jamie Dimon, Democrat?" Archived June 27, 2017, at the Wayback Machine. The Washington Post.
  42. ^ a b Summers, Juana (May 13, 2012). [https://web.archive.org/web/20120615224516/http://www.politico.com/blogs/politico-live/2012/05/dimon-im-barely-a-democrat-123290.html Archived 2012-06-15 at the Wayback Machine "Dimon: I'm 'barely a Democrat'"]. Politico.
  43. ^ Wingfield, Brian; Moyer, Liz (November 7, 2008). "Obama's Economic Plan". Forbes. Archived from the original on June 8, 2013. Retrieved March 2, 2012.
  44. ^ "Obama: No 'Easy Out' for Wall Street". ABC News. February 10, 2009. Archived from the original on January 12, 2012. Retrieved August 8, 2011.
  45. ^ "In Washington, One Bank Chief Still Holds Sway" Archived February 28, 2017, at the Wayback Machine. The New York Times. July 18, 2009.
  46. ^ "Mr. Geithner Wall Street is on Line 1 (again)" Archived May 14, 2020, at the Wayback Machine. NBC News. Associated Press. October 8, 2009.
  47. ^ Blumberg, Alex (October 9, 2009). "Rewriting The Rules Of The Financial System". Morning Edition – Planet Money. NPR. Archived from the original on May 23, 2017. Retrieved April 5, 2018.
  48. ^ "How Obama and Dimon Drifted Apart" Archived November 25, 2018, at the Wayback Machine. The New York Times. June 17, 2010.
  49. ^ "The View - Watch Full TV Episodes Online - ABC.com". archive.is. July 1, 2012. Archived from the original on July 1, 2012.
  50. ^ Tooze, Adam (2018). Crashed: How a Decade of Financial Crises Changed the World. New York, New York: Viking Press. p. 551. ISBN 978-0-670-02493-3. OCLC 1039188461.
  51. ^ Bryan, Bob (December 2, 2016). "Trump is forming an economic advisory team with the CEOs of Disney, General Motors, JPMorgan, and more". Business Insider. Archived from the original on June 8, 2017. Retrieved June 1, 2017.
  52. ^ Schlitz, Heather. "Jamie Dimon said his daughter wrote him a 'long, elegant, nasty letter' after he joined Trump's business council. He referenced MLK to explain why he did it". Business Insider. Retrieved January 29, 2022.
  53. ^ "Trump derides JP Morgan CEO as a 'nervous mess' after he criticizes president". the Guardian. September 13, 2018. Retrieved January 29, 2022.
  54. ^ a b Murphy, Mike. "'This is the most prosperous economy the world has ever seen' says Jamie Dimon — and it's going to continue". MarketWatch. Retrieved January 29, 2022.
  55. ^ "In Apparent Slap At Trump, JPMorgan Chase CEO Rips Botched COVID-19 Planning". HuffPost. April 7, 2020. Retrieved January 29, 2022.
  56. ^ Son, Wilfred Frost,Hugh (April 4, 2019). "Jamie Dimon weighed a 2020 presidential run, sources say. Here's why he decided against it". CNBC. Retrieved January 29, 2022.
  57. ^ Matt Egan. "Jamie Dimon: Respect the democratic process -- and the election outcome". CNN. Retrieved January 29, 2022.
  58. ^ "Our chairman and CEO calls for Americans to come together". www.jpmorganchase.com. Retrieved January 29, 2022.
  59. ^ Kaplan, Talia (August 18, 2021). "Trump rips JPMorgan's Dimon over China threat: He is 'no patriot'". FOXBusiness. Retrieved January 29, 2022.
  60. ^ Lee, Yen Nee (September 23, 2020). "Jamie Dimon says he's OK with higher taxes on the rich, but wealth tax is 'almost impossible'". CNBC. Retrieved January 29, 2022.
  61. ^ "Jamie Dimon slams state and local tax repeal as a benefit to the rich". CNBC. April 7, 2021.
  62. ^ "Letter to Shareholders from Jamie Dimon, Annual Report 2020".
  63. ^ Schroeder, Pete (September 28, 2021). "EXCLUSIVE JPMorgan's Dimon cautions a U.S. default would be 'potentially catastrophic'". Reuters. Retrieved January 29, 2022.
  64. ^ Carl Levin, John McCain (March 14, 2013). Jpmorgan Chase Whale Trades: A Case History of Derivatives Risks and Abuses. Majority And Minority Staff Report, United States Senate Permanent Subcommittee on Investigations, Committee on Homeland Security and Governmental Affairs. p. 307. Archived from the original on October 31, 2013.
  65. ^ Kopecki, Dawn (March 16, 2013). "JPMorgan Report Piles Pressure on Dimon in Too-Big Debate". Bloomberg. Archived from the original on March 17, 2013. Retrieved March 16, 2013.
  66. ^ Kopecki, Dawn (March 14, 2013). "JPMorgan Misled Investors, Dodged Regulators, Senate Report Says". Bloomberg. Archived from the original on March 17, 2013. Retrieved March 14, 2013.
  67. ^ The Guardian, "JP Morgan trader 'London Whale' blows $13bn hole in bank's value" Archived May 11, 2017, at the Wayback Machine
  68. ^ "The dirty dozen: meet America's top climate villains". the Guardian. October 27, 2021. Retrieved May 8, 2022.
  69. ^ Hay, George (April 21, 2021). "Breakingviews - Jamie Dimon is the stone in green investors' shoe". Reuters. Retrieved May 8, 2022.
  70. ^ Last Man Standing, p. 22
  71. ^ McLean, Bethany (October 4, 2012). "Tom Brady Called Jamie Dimon During JPMorgan's $6 Billion Loss to Tell Him to "Hang in There"". Vanity Fair. Archived from the original on November 1, 2019. Retrieved July 25, 2020.
  72. ^ "Who's a Better Writer: Jamie Dimon or His Daughter?". Intelligencer. Archived from the original on July 25, 2020. Retrieved July 25, 2020.
  73. ^ Bhuiyan, Johana. "Laura Dimon, daughter of Jamie, catches on at Daily News". POLITICO Media. Archived from the original on July 25, 2020. Retrieved July 25, 2020.
  74. ^ "JP Morgan boss Jamie Dimon to carry on despite cancer". BBC News. July 1, 2014. Archived from the original on March 6, 2019. Retrieved July 21, 2018.
  75. ^ WSJ VOL. CCLXIV No. 62 p.. A1 "JP Morgan Chief Slows a Little to fight cancer
  76. ^ "JPMorgan CEO Jamie Dimon undergoes emergency heart surgery". Reuters. March 6, 2020. Archived from the original on March 6, 2020. Retrieved March 6, 2020.
  77. ^ "Should Jamie Dimon, Wall Street's most celebrated boss, call it a day?". The Economist. March 14, 2020. Archived from the original on March 13, 2020. Retrieved March 13, 2020.
  78. ^ Slade, Darren (April 3, 2020). "JP Morgan boss Jamie Dimon back at work after heart surgery". Bournemouth Echo. Archived from the original on April 5, 2020. Retrieved April 16, 2020.
  79. ^ "Is Dimon's work done at JPMorgan Chase?". The Economist. March 12, 2020. Archived from the original on March 16, 2020. Retrieved March 16, 2020.
  80. ^ "JPMorgan CEO Jamie Dimon returns to work after heart surgery". CNBC. April 2, 2020. Retrieved January 19, 2021.
  81. ^ "ATHLETIC HALL OF FAME". The Browning School. Archived from the original on July 13, 2019. Retrieved September 30, 2020.
  82. ^ "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement. Archived from the original on December 15, 2016. Retrieved September 30, 2020.
  83. ^ "2006 Summit Highlights Photos: Presidential advisor David Gergen moderates a lively discussion of "Public-Private Partnerships" with Mayor Richard Daley and JPMorgan Chase CEO Jamie Dimon.; JPMorgan Chase CEO Jamie Dimon receives the Golden Plate Award from the Mayor of Chicago, Richard M. Daley". American Academy of Achievement. Archived from the original on September 17, 2020. Retrieved September 30, 2020.
  84. ^ "JPMorgan Chase & Co.'s Jamie Dimon to be Honored as The Executives' Club of Chicago's 2010 International Executive of the Year". Cision PR Newswire. Archived from the original on February 4, 2012. Retrieved September 30, 2020.
  85. ^ "NACD Announces the 2011 Directorship 100, Honorees include JPMorgan Chase's Jamie Dimon, Netflix' Reed Hastings and Starbucks Corporation's Mellody Hobson". Cision PR Newswire. Archived from the original on October 27, 2020. Retrieved September 30, 2020.
  86. ^ "Intrepid's 21st Annual Salute to Freedom Gala". Intrepid Sea, Air, and Space Museum. Archived from the original on August 21, 2016. Retrieved September 30, 2020.
  87. ^ "Jamie Dimon and Luis Carlos Sarmiento Angulo Honored at Americas Society 36th Annual Spring Party". Americas Society. Archived from the original on October 27, 2020. Retrieved September 30, 2020.

External linksEdit

Business positions
Preceded by President of JPMorgan Chase
2004–present
Incumbent
Chief Executive Officer of JPMorgan Chase
2006–present
Chair of JPMorgan Chase
2007–present