Jamie Dimon
Chairman & CEO, JPMorgan Chase & CoBirth DetailsMarch 13, 1956 | New York, US
NationalityAmerican
LeagueBusiness Leader
EducationBachelor’s Degree, Tufts University; MBA, Harvard University
Net Worth$1.4 billion (as of September 02, 2020)
Jamie Dimon's Journey so far ...
Before you go ...
- Son of a stockbroker, Jamie Dimon started working as Sanford I. Weill’s assistant at American Express in 1982 after completing business studies
- He left American Express in 1986 and joined Commercial Credit Company (CCC). A majority of the firm’s customers were subprime borrowers and Jamie was put in charge to manage the firm as its executive vice-president and CFO
- During the ‘90s, CCC acquired several companies including Primerica Corporation, Smith Barney and Salomon Smith Barney Holdings. Dimon held leadership positions in all these firms
- In the years that followed, he went on to work for many other financial institutions including Citigroup (in 1998 as its president) and Travelers Group
- He next joined Bank One Corporation as its CEO and chairman in March 2000 and continued in the position till July 2004. When he joined the bank, its performance was cold and lacklustre. He restructured several operations of the bank and doubled its value to turn it into a lucrative investment option which led to its acquisition
- After Bank One’s merger with JPMorgan Chase in 2004, he was named as president and chief operating officer (COO) at the new company. He gave up the position of COO the next year but retained the designation of president until 2018
- Dimon was appointed as the CEO of JPMorgan Chase on December 31, 2005, and as the chairman of the company’s board a year later
- Known to be a risk-averse banker, after becoming CEO he took several measures such as nixing option ARMs, limiting short-term debts, securitising subprime mortgages, avoiding collateralized debt obligations, etc. which in turn helped the bank limit risks during the 2008 financial depression
- Under Dimon’s stewardship, JPMorgan Chase acquired firms like Bear Stearns and Washington Mutual -- which failed during the 2008 debacle -- for a bargain. These firms later became successful assets for JPMorgan Chase
Before you go ...
- After graduating from Harvard Business School, he was offered jobs by Goldman Sachs, Lehman Brothers and Morgan Stanley but he turned them all down to work with his future mentor Sandy Weill
Last Updated: 11/02/2021
Jamie Dimon News
- Andy Murray is getting set to say farewell to Wimbledon before retirement (probably)If this is indeed the end for Andy Murray at Wimbledon, he will be celebrated and remembered for various reasons. The 37-year-old from Scotland, given his history, has left fans divided on whether they believe he will never return. Murray decided he was not ready to play singles due to recent surgery to remove a cyst on his spine. However, he was scheduled to compete in men's doubles with his older brother, Jamie, at Centre Court on Thursday.
- Democrats hold ‘Serious’ talks to replace Joe Biden; Is he on his way out?The Democrats are worried and are there are talks going on to replace Biden. Biden has refused to step down and has the support of more than 50% of the Democrats and from his own family members.
- Andy Murray pulls out of Wimbledon singles, to play doublesAndy Murray, aged 37, withdrew from the singles competition in his final Wimbledon due to a spinal cyst surgery affecting his right leg control and power. Despite working hard on recovery, he decided not to play singles but will compete in doubles with brother Jamie. Murray aims to end his career after Wimbledon and potentially at the Paris Olympics.
- 'Freaky Friday' 2: Release date, cast, plot & moreDisney has announced that Freaky Friday 2 is in production. Lindsay Lohan's portrayal of Anna Coleman was first shown to viewers in the first Freaky Friday.
- Batman: Caped Crusader: Who voices Bruce Wayne? Check out voice cast, plot, production, release date, where to watch and episode countPrime Video's 'Batman: Caped Crusader' reveals its voice cast, including Hamish Linklater as Batman. The series will premiere on August 1. The show promises a dark take on Gotham City with sophisticated storytelling and intense action sequences.
- Kevin Costner bids farewell to 'Yellowstone': Will John Dutton be killed off?Kevin Costner has publicly announced his exit from the hit TV series "Yellowstone." In a video message to fans, Costner shared his motivations for departing the show and conveyed gratitude for the overwhelming support.
- Manny Jacinto nears deal to join 'Freaky Friday 2' with Lindsay Lohan and Jamie Lee CurtisManny Jacinto is currently in negotiations to join the cast of the sequel to "Freaky Friday", which will see Lindsay Lohan and Jamie Lee Curtis reprising their roles from the 2003 film. The original movie centered around a mother-daughter duo who switch bodies, leading to comedic chaos. Details about Jacinto's character in the sequel have not yet been disclosed. Nisha Ganatra is set to direct the film from a script by Jordan Weiss, with Andrew Gunn and Kristin Burr producing. Jacinto is known for his roles in "The Good Place" and films like "Top Gun: Maverick".
- LinkedIn profile with degrees from top universities like Oxford, Harvard, Stanford goes viral: Netizens call it 'cheat code for life'Jamie Beaton, CEO of Crimson Education, has gone viral on social media for his extraordinary LinkedIn profile, which lists degrees from prestigious universities such as Oxford, Harvard, and Stanford. Shared by startup co-founder Nikhil Basu Trivedi, the post has garnered over 170,000 views and sparked numerous reactions, with many users humorously comparing Beaton's academic achievements to a "cheat code for life."
- Sweet Magnolias Season 4: Here’s all latest updates about filmingSweet Magnolias Season 4 has finished filming. The new season, which began production in early 2024, is expected to return in 2025. Cast and crew shared their experiences and gratitude on social media, expressing excitement for fans to see the upcoming season.
- JPMorgan says every new hire will get training for AIIncoming asset-and wealth-management staff to get instruction; AI has saved the division time, helped grow revenue, says Erdoes
- U.S. regulators reconsider capital hike for big banks, WSJ reportsThe Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase's Jamie Dimon, the Wall Street Journal reported on Sunday.
- Not Another Church Movie: Will it be available for streaming on Netflix, Max, or Prime Video?Not Another Church Movie, is a comical and parody take on religion and a dysfunctional family, which is set for release soon. When will it be available for streaming? Here are some key details about the film.
- AstraZeneca acknowledges its covid vaccine, Covishield, can lead to rare blood clot side effects; Here's what we knowCovishield Covid Vaccine: The Covishield COVID-19 vaccine, developed by AstraZeneca in partnership with the University of Oxford, has been acknowledged for its potential to induce a rare side effect known as Thrombosis with Thrombocytopenia Syndrome (TTS). This acknowledgment coincides with a legal case alleging severe adverse effects, including fatalities, linked to the vaccine. Kate, the spouse of one affected individual, calls for an apology and just compensation after a three-year ordeal.
- JPMorgan Chase CEO Jamie Dimon calls PM Modi 'tough' for breaking old bureaucratic systemsJamie Dimon, Chairman and CEO of JPMorgan Chase praised PM Modi and expressed his admiration for the achievements of India. The 68-year-old, JPMorgan Chase CEO was speaking at an event organised by the Economic Club of New York. Dimon highlighted PM Modi's efforts in poverty alleviation, infrastructure development, bureaucratic reforms, financial inclusivity. While highlighting PM Modi's efforts in poverty alleviation. Jamie Dimon said, “Modi has done an unbelievable job”. He pointed out that PM Modi's policies have lifted around 400 million people out of poverty that deserve recognition. JPMorgan Chase CEO Jamie Dimon calls PM Modi 'tough' for breaking old bureaucratic systems
- "Modi has done an unbelievable job": JPMorgan CEO Dimon heaps praise on Indian PMJPMorgan Chase's Jamie Dimon lauds Indian PM Narendra Modi for lifting millions out of poverty. Modi's tenure, spanning a decade with BJP/NDA coalition, sees India's economic growth. Amid ongoing elections, Modi aims for a third term, eyeing 400 seats. Plans to propel India to third-largest economy by 2030 are highlighted.
- Daddio: Everything we know about premiere date, trailer, plot and directorDakota Johnson and Sean Penn shine in the 'Daddio' trailer, a film that promises to highlight their acting prowess. Set in a New York cab, the movie delves into deep conversations, showcasing the actors' range and the power of human connection.
- Oil prices rise as Israel weighs response to Iran attackOil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies.
- Japanese PM Kishida cracks jokes and invokes 'Star Trek' as he and Biden toast US-Japan alliance at state dinner"I would like to propose a toast to our voyage to the frontier of the Japan-U.S. relationship with this word: boldly go," Kishida said, quoting the iconic opening monologue of the original "Star Trek" series.
- TSMC's Q1 revenue rise beats market expectations on AI boomTSMC's Q1 revenue surged 16.5% to T$592.64 billion, surpassing estimates. Market cap at $662B. Anticipated 4% Q1 net profit rise. High demand for AI applications drove the revenue increase.
- JPMorgan's Dimon warns inflation, political polarisation, wars creating risks not seen since WWIIJPMorgan Chase CEO Jamie Dimon expressed concerns about geopolitical events such as the war in Ukraine and US political polarization potentially creating risks that could exceed those seen since World War II. He emphasized the importance of unity, democracy, and addressing economic challenges like deficit spending and inflation.
- ‘Not Another Church Movie’: Everything we know about release date, cast, plot, production team and moreBriarcliff Entertainment has acquired 'Not Another Church Movie,' starring Jamie Foxx, Vivica A. Fox, Kevin Daniels, and Mickey Rourke, for wide release on May 10. The film, directed by Johnny Mack, features Daniels as Taylor Pherry on a divine mission, with Foxx as God and Rourke as The Devil.
- JPMorgan CEO Jamie Dimon warns US recession 'not off the table' yet“The world is pricing in a soft landing, at probably 70-80%,” the JPMorgan Chase & Co. chief executive officer said via video link at the Australian Financial Review Business Summit in Sydney on Tuesday. “I think the chance of a soft landing in the next year or two is half that. The worst case would be stagflation.”
- JPMorgan's Dimon urges US Fed to wait past June before cutting ratesMarkets see an 84% probability the Fed will lower rates in June and have priced in 90 basis points of cuts for the year.
- Good news 'Freaky Friday' fans! Lindsey Lohan & Jamie Lee Curtis to return with sequelLohan, 37 recently attended Andy Cohen's SiriusXM show where she was asked about the possibility of follow up on the cult hit. Lohan confirmed that there is a sequel on the cards.
- 2024 Oscars: Nominations, host, and where to watch - Your complete guideWith Oscars, looming on March 10, 2024, Hollywood is abuzz with excitement for the upcoming star-studded event set to take place at the Dolby Theatre in Los Angeles. The competition for the prestigious trophies is centered on "Barbie" and "Oppenheimer," setting the stage for a captivating awards season spectacle.
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