Jamie Dimon
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Anand Chokkavelu, Banking Analyst at the Motley Fool argues for the break-up of the roles of chairman and CEO. He says JPMorgan's 'London Whale' loss shines the spotlight on the hazards of having one person in 2 roles.
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May 3- The regulator of U.S. power markets appears likely to pursue manipulation charges against JPMorgan Chase& Co, analysts said, after a New York Times report on the agency's document that seemed to lay out its case.
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NEW YORK, May 3- Berkshire Hathaway chairman and chief executive Warren Buffett said that he would not sell shares of IBM Corp., even as the company missed earnings expectations last month. Buffett also told CNBC that he is "100 percent" in favor of JPMorgan Chase chairman and chief executive Jamie Dimon maintaining both roles at the bank.
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Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. economic recovery and further reduce the deficit, an official said.
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Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. economic recovery and further reduce the deficit, an official said.
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NEW YORK, April 30- First Data Corp's new chief, Frank Bisignano, said he can tackle the world's largest payment processing company's roughly $24 billion debt burden by boosting profits and positioning it for an initial public offering.
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*Deutsche Bank, Germany's largest bank, moved Monday to address criticism that it has too thin a cushion against risk, announcing that it planned to issue $3.65 billion in new stock to increase its capital reserves.
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The exit COO Frank Bisignano from JPMorgan heightens worries about persistent executive turnover and raises new questions about who may succeed Jamie Dimon. The NYT reports.
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CNBC's Kayla Tausche reports on yet another high-profile departure at JPMorgan. The bank's COO Frank Bisignano is leaving to become CEO of First Data. Neil Weinberg, American Banker, weighs in.
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Frank Bisignano, the co-chief operating office is leaving the United States' largest bank, reports CNBC's Kayla Tausche.
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April 29- The following are the top stories on the New York Times business pages. *Frank Bisignano, a senior executive in the inner circle of Jamie Dimon, JPMorgan Chase's chief executive, is leaving, the latest departure after the bank reported a multibillion-dollar trading loss last year.
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JPMorgan Chase& Co Chief Executive Jamie Dimon promoted Matt Zames to chief operating officer, replacing Frank Bisignano in the investment bank's latest executive reshuffle. Intermediate Capital Group is in talks with Lloyds Banking Group over a 400- million-euro collateralised loan obligation, a deal which is expected to close over the summer.
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*JPMorgan names Matt Zames its sole chief operating officer. NEW YORK, April 28- JPMorgan Chase& Co said on Sunday Matt Zames will fully assume the role of chief operating officer as his former partner in the job leaves, which was part of the latest management shakeup at the biggest U.S. bank.
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*JPMorgan names Matt Zames its sole chief operating officer. NEW YORK, April 28- JPMorgan Chase& Co. In the latest move, Zames now has sole responsibility in another critical senior post at JPMorgan.
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NEW YORK, April 28- JPMorgan Chase& Co.. As earlier reported by the Wall Street Journal, Bisignano will leave JPMorgan's senior ranks to head payroll processor First Data Corp. Bisignano played a major role in the bank's effort to get back on track after suffering a loss of more than $6 billion due to soured, risky bets.
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NEW YORK, April 28- JPMorgan's co-Chief Operating Officer Frank Bisignano plans to leave the U.S. bank giant, the latest top executive to depart in the past 1-1/ 2 years, the Wall Street Journal said its online edition on Sunday. Zames has been seen as a strong candidate to succeed JPMorgan Chief Executive and Chairman Jamie Dimon.
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LONDON, April 18- Mark Carney is gearing up for what some have called a mission impossible: turn around Britain's ailing economy, fix its banks and lead an overhaul of the Bank of England. Currently head of the Bank of Canada, Britain's finance minister called Carney "the outstanding central banker of his generation." "Wanted, a new governor of the Bank of England.
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April 15- U.S. regulators plan to fault JPMorgan Chase& Co, which served as Bernie Madoff's main bank for two decades, for failing to conduct adequate due diligence and report suspicious activity, according to a person familiar with the matter.
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NEW YORK, April 15- JPMorgan Chase& Co should split the roles of chairman and chief executive officer to restore credibility with regulators and manage the bank more effectively, a group of investors said in a letter to other shareholders on Monday.
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NEW YORK, April 13- JPMorgan Chase& Co Chairman and CEO Jamie Dimon, who came through the financial crisis relatively unscathed, is suddenly looking a little less secure.
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CNBC's Kayla Tausche has the latest details from JPMorgan's earnings call, and what CEO Jamie Dimon had to say about the company's quarter and outlook.