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Jamie Dimon

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  • *Major management, board shake-up at troubled Asia- focused bank. LONDON/ HONG KONG, Feb 26- Standard Chartered said former JPMorgan investment bank boss Bill Winters will take over as chief executive in June, replacing Peter Sands in a major management overhaul following two years of problems. Investors had been pushing for a change at the helm of the Asia- focused...

  • LONDON, Feb 26- Standard Chartered said former JPMorgan investment bank boss Bill Winters will take over as chief executive in June to replace Peter Sands, after investors demanded change at the helm following two years of problems. Asia- focused bank Standard Chartered said on Thursday Chairman John Peace will also leave next year, and named other changes to...

  • Feb 20- Citigroup Inc cut Chief Executive Michael Corbat's pay by about 10 percent in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading. Deferred stock makes up 30 percent of Corbat's bonus pay under Citi's compensation plan, which was overhauled two years ago amid shareholder pressure.

  • Feb 20- Citigroup Inc cut Chief Executive Michael Corbat's pay by about 7 percent in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading. Deferred stock makes up 30 percent of Corbat's bonus pay under Citi's compensation plan, which was overhauled two years ago amid shareholder pressure.

  • NEW YORK, Feb 17- Bank of America Corp cut Chairman and Chief Executive Officer Brian Moynihan's pay by 7 percent in 2014, a source familiar with the matter said on Tuesday, as its full-year profit fell 58 percent on higher legal settlements. Moynihan's total 2014 compensation was $13 million, down from $14 million a year earlier, according to the source.

  • Correction: Visa-Travel Tracker story Tuesday, 17 Feb 2015 | 11:47 AM ET

    NEW YORK— In a Feb. 13 story about Visa's new anti-fraud software, The Associated Press misspelled the name of one of the privacy experts quoted. The correct name is Jules Polonetsky with the Future of Privacy Forum, not Jules Polenesky. NEW YORK— Those days of calling your bank to let them know that, yes, you really are in Thailand, and yes, you really did use your credit...

  • Feb 6- JPMorgan Chase& Co is under federal scrutiny over hiring the son of China's current commerce minister, the Wall Street Journal reported, citing internal emails. JPMorgan's decision to hire Gao was "widely understood" within the company to have been supported by William Daley, a senior executive at the time and a former U.S. commerce secretary and White House...

  • Banks including Wells Fargo& Co and PNC Financial Services Group are contemplating steps like investing their extra cash at current low yields or using derivatives that pay off if rates stay low. Positioning for higher rates has cost the 20 largest U.S. banks somewhere between $2.5 billion and $3 billion of income each quarter, roughly 6 percent of their...

  • *JPMorgan CEO gets first cash bonus in three years. Jan 22- JPMorgan Chase& Co paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 million that was unchanged from the year before. Dimon received a $7.4 million cash incentive bonus, JPMorgan said in a regulatory filing, atop a base salary of $1.5 million and $11.1...

  • Jan 22- JPMorgan Chase& Co's Jamie Dimon's compensation in 2014 stayed unchanged at $20 million, but the chief executive officer got a cash bonus, something he was not awarded in 2013.. JPMorgan is the biggest U.S. bank, with $2.6 trillion in assets. Two year ago, Dimon's pay was cut in half to $11.5 million for 2012, which was the year JPMorgan traders handling company...

  • JPMorgan's Dimon got no compensation hike in 2014 Thursday, 22 Jan 2015 | 4:41 PM ET

    Jan 22- JPMorgan Chase& Co's Chief Executive Officer Jamie Dimon's compensation in 2014 was unchanged at $20 million, according to a regulatory filing.

  • Jan 22- JPMorgan Chase& Co Chief Executive Officer Jamie Dimon is expected to receive a total pay package for 2014 that is similar to the $20 million he was given the year before, the Wall Street Journal reported, citing people familiar with the matter. The report did not say how much Dimon, 58, received in salary, bonus and equity grants for 2014, but in 2013 he...

  • Jan 21- JPMorgan Chase& Co Chief Executive Officer Jamie Dimon received a bigger pay package in 2014 than the $20 million he was given the year before, the Wall Street Journal reported, citing people familiar with the matter. Two years ago, Dimon's pay was cut in half to $11.5 million for 2012, which was the year JPMorgan traders handling company accounts lost $6.25...

  • Dimon: This is the biggest sin in America Wednesday, 21 Jan 2015 | 2:12 PM ET
    Jamie Dimon, chief executive officer of JPMorgan Chase & Co. at 2015 WEF in Davos, Switzerland.

    JPMorgan Chase CEO Jamie Dimon says despite its problems, the U.S. still has "the best hand ever dealt of any country."

  • Don't invest in banks if you want certainty: Dimon Wednesday, 21 Jan 2015 | 12:29 PM ET
    Jamie Dimon, chief executive officer of JPMorgan Chase & Co. at 2015 WEF in Davos, Switzerland.

    Investors who want certainty about legal costs for financial firms should not buy bank stocks, JPMorgan's Jamie Dimon tells CNBC.

  • Europe needs structural reform: Dimon  Wednesday, 21 Jan 2015 | 11:45 AM ET

    JPMorgan's James Dimon, shares his thoughts on monetary policy in America and central banking in Europe.

  • America needs to fix inner-city education: Dimon  Wednesday, 21 Jan 2015 | 11:45 AM ET

    The biggest sin in the country is the high number of urban youth who do not graduate high school, Jamie Dimon told CNBC.

  • Dimon: Economy's pretty good  Wednesday, 21 Jan 2015 | 11:44 AM ET

    "We have it really good," says JPMorgan's James Dimon, providing his outlook on the U.S. economy and discussing what issues need to be addressed to keep America strong.

  • My focus on building JPM: Dimon  Wednesday, 21 Jan 2015 | 11:41 AM ET

    JPMorgan president & CEO James Dimon, discusses maneuvering through the mortgage crisis and paying for fines levied against the bank.

  • JPM's Dimon: Diversification makes us stronger  Wednesday, 21 Jan 2015 | 11:38 AM ET

    Jamie Dimon, JPMorgan president & CEO, responds to the Goldman Sachs report suggesting JPMorgan would be worth more broken up.