JPMorgan entices Jamie Dimon with “special” stock award to stay as CEO July 21, 2021 JPMorgan has granted Jamie Dimon 1.5m stock options, which could swell to tens of millions of dollars, to entice him to stay at the bank for a “significant number of years”. Dimon has been awarded the 1.5m options in the form of “stock appreciation rights” at Tuesdays average price of $148.73, that will allow him [...]
Morgan Stanley shakes up leadership as race for CEO successor intensifies May 20, 2021 Morgan Stanley announced a number of leadership changes and set off a competition between potential successors to replace Chief Executive Officer James Gorman in the next few years. In a statement Gorman said the announcement “reflects the next generation of leadership at Morgan Stanley.” “I am highly confident one of them will be the CEO in [...]
JP Morgan Chase: Potential successors to Jamie Dimon move up as Pinto becomes sole president May 18, 2021 In a reshuffling of its top ranks, JP Morgan Chase has raised up two potential successors to chief executive Jamie Dimon while co-chief operating officer Gordon Smith will step down from his roles at the end of 2021. The two possible earmarked successors, Marianne Lake and Jennifer Piepszak, will take new roles as Daniel Pinto [...]
JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown April 7, 2021 JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown
Share of Brits working from the office rises to pre-lockdown level, as remote working appeal fades March 5, 2021 Share of Brits working from the office rises to pre-lockdown level
JP Morgan boss Jamie Dimon says bank will not force staff to get Covid-19 vaccine March 3, 2021 JP Morgan boss Jamie Dimon says bank will not make Covid-19 vaccinations mandatory
JP Morgan beats market expectations for first quarter sending shares surging April 12, 2019 US investment bank JP Morgan beat expectations in its first quarter results today, sending shares up four per cent. The bank, the largest in the US by assets, delivered record revenue and profit figures, boosted by higher interest rates. Revenue in the quarter to 31 March rose 4.7 per cent to $29.85bn (£22.84bn), up from [...]
Bitcoin critic warns central banks ‘risk financial stability’ by issuing digital currencies March 22, 2019 A prominent bitcoin critic has warned central banks against issuing their own digital currencies. Read more: JP Morgan launches its own cryptocurrency Augustin Carstens claimed central banks issuing digital tokens would need to take on customer-facing tasks that would result in “huge operational consequences for central banks in implementing monetary policy and implications for the stability [...]
Bitcoin sceptic Jamie Dimon launches JP Morgan’s own cryptocurrency February 14, 2019 JP Morgan is to launch its own cryptocurrency in an unprecedented step for a major US bank. The bank is to trial its JPM Coin in the coming months, which will handle a tiny fraction of the $6 trillion (£4.7 trillion) in payments it moves around globally every day. Read more: The year crypto went [...]
World leaders push back against Saudi account of journalist’s death October 21, 2018 The backlash against Saudi Arabia over the death of Jamal Khashoggi stepped up again yesterday, with world leaders uniting to condemn the Gulf kingdom’s claims that the journalist and critic died in a “fist fight” at its consulate in Istanbul. German chancellor Angela Merkel described Khashoggi’s killing as “horrific”, saying events “still haven’t been cleared [...]