JPMorgan's potential $13 billion fine—a record amount—and a newly cool relationship with Washington won't end Jamie Dimon's run as chairman and chief executive.
That's how most analysts are responding to the news that the nation's largest bank is likely to settle with the government over problematic mortgage-backed securities issued before the financial crisis.
"We expect him to remain CEO. I think both board members and shareholders realize that Jamie Dimon is one of the, if not the, best bank managers out there," said Jeff Harte, an analyst with Sandler O'Neill & Partners.
Most analysts have either a "buy" or "strong buy" rating on JPMorgan's stock, according Thomson Reuters data, and their median target price is $63. Shares were up slightly Monday to around $54.4 as of 11 a.m.