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Jamie Dimon

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  • July 6- JPMorgan Chase& Co said Stacey Friedman, 47, would succeed Steve Cutler as the bank's general counsel early next year. Friedman, who joined the bank in 2012 from law firm Sullivan& Cromwell, is currently general counsel of JP Morgan's corporate and investment banking unit. Cutler, 53, will be appointed vice chairman of the bank, acting as a senior adviser to...

  • NEW YORK, July 1- In September 2008, JPMorgan Chase& Co executives sifted through the rubble of Washington Mutual, the failed home loan bank that they had just won in a U.S. government auction. "It was an unexpected bonus," JPMorgan Chief Executive Jamie Dimon told Reuters in an interview, adding that the apartment lending business is the single most valuable asset...

  • June 17- Jimmy Lee, one of JPMorgan Chase& Co's most senior investment bankers, died on Wednesday, the bank's chief executive said in a statement. "We're in total shock," said one senior JPMorgan banker. He advised on the merger of United Airlines and Continental Airlines to form United Continental Holdings Inc, the takeover of Wall Street Journal publisher Dow Jones...

  • UPDATE 2-JPMorgan's Jimmy Lee, adviser on megadeals, dies Wednesday, 17 Jun 2015 | 4:04 PM ET

    June 17- Jimmy Lee, one of JPMorgan Chase& Co's most senior investment bankers, died on Wednesday, the bank's chief executive said in a statement. Lee, a vice chairman in the investment banking group, advised some of the world's biggest companies on deals, including the merger of United Airlines and Continental Airlines to form United Continental Holdings Inc, the...

  • UPDATE 1-JPMorgan's Jimmy Lee, advisor on megadeals, dies Wednesday, 17 Jun 2015 | 3:27 PM ET

    June 17- Jimmy Lee, one of JPMorgan Chase& Co's most senior investment bankers, died on Wednesday, the U.S. bank's Chief Executive Officer Jamie Dimon said. Lee advised some of the world's biggest companies on deals, including the merger of United Airlines and Continental Airlines, the takeover of Wall Street Journal publisher Dow Jones by News Corp, and the initial...

  • Senior JPMorgan investment banker Jimmy Lee dies Wednesday, 17 Jun 2015 | 2:39 PM ET

    June 17- Jimmy Lee, one of JPMorgan Chase& Co's most senior investment bankers, has died, Chief Executive Officer Jamie Dimon said in a statement on Wednesday.

  • NEW YORK, June 16- JPMorgan Chase& Co officials including Chief Executive Officer Jamie Dimon do not have to face a shareholder lawsuit claiming they failed to properly investigate the "London Whale" trading scandal that caused $6.2 billion in losses, a federal appeals court ruled on Tuesday. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge...

  • Financial executives from Jamie Dimon to Stephen Schwarzman to Gary Cohn have warned that tightening regulations are causing what they see as dangerous illiquidity in bond markets. Mark Carney, governor of the Bank of England, doesn't seem to be buying what they are selling. "To be clear, more expensive liquidity is a price well worth paying for making the core of...

  • INSIGHT-Automated lenders threaten to eat banks' lunch Thursday, 11 Jun 2015 | 1:00 AM ET

    NEW YORK, June 11- When Kevin Pereira needed a loan last year for his shaving gear business, his bank, Wells Fargo, considered his application and turned him down. Kabbage, Lending Club and On Deck are among the lenders making small business and consumer loans that more established banks are less eager to approve. Non-traditional lenders could siphon away as much as...

  • *Shares up 4 pct, bank lags Europe peers so far this year. LONDON, June 10- Standard Chartered Chief Executive Bill Winters told staff on his first day in the office that the Asia- focused bank must strengthen its finances and simplify operations to boost returns. Early market reaction suggested investors approved of the approach with the bank's shares up 4.2...

  • Exec fires back at Jamie Dimon's 'lazy' comment Thursday, 28 May 2015 | 3:17 PM ET
    Jamie Dimon, chief executive officer of JPMorgan Chase, at 2015 WEF in Davos, Switzerland.

    JPMorgan CEO Jamie Dimon's contention that "lazy" shareholders rely on advisory firms shows an "outdated" attitude, an advisor said.

  • JPM's Dimon calls shareholders 'lazy' Thursday, 28 May 2015 | 1:42 PM ET
    JPM's Dimon calls shareholders 'lazy'

    Discussing JPMorgan's Jamie Dimon's comments to shareholders, with Robert McCormick, Glass Lewis, and Dan Laddin, Compensation Advisory.

  • JPMorgan's Dimon to shareholders: 'You are lazy' Thursday, 28 May 2015 | 9:30 AM ET
    JPMorgan's Dimon to shareholders: 'You are lazy'

    CNBC's Jim Cramer and David Faber discuss comments made by JPMorganChase's Jamie Dimon about 'lazy' shareholders.

  • JPMorgan's Dimon to shareholders: 'You are lazy' Thursday, 28 May 2015 | 7:24 AM ET
    Jamie Dimon, chief executive officer of JPMorgan Chase & Co.

    JPMorgan Chase officials have not done enough to show how well the company is run, Chairman and CEO Jamie Dimon said on Wednesday.

  • NEW YORK, May 27- JPMorgan Chase& Co officials have not done enough to show how well the company is run, Chairman and CEO Jamie Dimon said on Wednesday, after one-third of shareholders disapproved last week of his pay and the practice of one person holding his two jobs. At the company's annual meeting last week in Detroit, JPMorgan's compensation for top executives...

  • LONDON, May 19- A former JPMorgan executive who supervised a division that ran up $6.2 billion of losses in the "London Whale" scandal of 2012 has won a second legal challenge against Britain's regulator in a closely watched court battle. The Court of Appeal said on Tuesday that although Achilles Macris had not been named, he had been improperly identified when the...

  • DETROIT, May 19- The compensation of JPMorgan Chase& Co CEO Jamie Dimon and other top bank executives for last year won support from only 61 percent of shareholder votes cast at the company's annual meeting on Tuesday, according to a preliminary tally. Lead independent director Lee Raymond said at the meeting that the board's method of setting pay properly...

  • Former JPMorgan exec wins London appeal over Whale case Tuesday, 19 May 2015 | 11:09 AM ET

    LONDON, May 19- A former JPMorgan executive who supervised a division that ran up $6.2 billion of losses in the "London Whale" scandal of 2012 has won a second legal challenge against Britain's regulator in a closely-watched court battle. The Court of Appeal said on Tuesday that although Achilles Macris had not been named, he had been identified and should have...

  • El-Erian: Forget Greece, this has me worried Monday, 18 May 2015 | 1:48 PM ET
    Mohamed El-Erian

    Markets underestimate liquidity risks, which look more dangerous than Greece's debt situation, the Allianz economic advisor said.

  • How to protect your career from the next crash Saturday, 16 May 2015 | 10:30 AM ET
    Pedestrians pass in front of a Wall Street sign in New York.

    Economic shock fears? The Wall Street jobs that could survive another blow.