Jamie Dimon still won't say who'll succeed him
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"Most important about the future of JPMorgan Chase's future is the discipline and culture in place," Chairman and CEO Jamie Dimon said on Monday at the company's Investor Day event when asked about succession.
Jamie Dimon confirmed his plan to step down as JPMorgan CEO within five years during the bank’s investor day, saying succession planning is well underway and the firm has built a strong pipeline
The largest US lender also said it might earn more from interest payments this year despite decline in the second quarter on Monday.
It boasts a market capitalisation of $730bn, or 30% of the total among America’s big banks, up from 12% when Mr Dimon took charge at the start of 2006 (see chart 1). The gap with competitors has grown larger still since the covid-19 pandemic.
By Niket Nishant (Reuters) -JPMorgan Chase's top brass will take center stage at its investor day on Monday, with tariffs and a succession plan once again in focus. Investors will be watching closely for signals on CEO Jamie Dimon's succession,
JPMorgan Chase CEO Jamie Dimon affirmed unchanged succession plans while expecting increased interest income despite declining investment banking fees. The bank is exploring acquisitions, emphasizing AI for efficiency,
The bank says it is ‘positioned to deliver strong returns’ in the face of heightened macro uncertainty at its 2025 Investor Day.
JPMorgan Chase's top brass will take center stage at its investor day on Monday, with tariffs and a succession plan once again in focus.