Dimon was answering a question about the risks that could end the current economic expansion.
CHICAGO, May 21- JPMorgan Chase& Co said on Tuesday that only 72% of shareholder votes approved its executive compensation packages, marking unusual opposition to pay for the bank's top leaders. The votes were taken at the bank's annual shareholder meeting at its offices in Chicago. Around 29% of shareholder votes supported a proposal asking for more details on...
CHICAGO, May 21- JPMorgan Chase& Co said on Tuesday that only 72 percent of shareholder votes approved its executive compensation packages, marking a rare instance of criticism over the bank's top leaders pay. The votes were taken at the bank's annual shareholder meeting at its offices in Chicago. Around 29 percent of shareholder votes supported a proposal...
CHICAGO, May 21- JPMorgan Chase& Co said on Tuesday that only 71.64 percent of shareholder votes cast approved its executive compensation packages, marking a rare instance of criticism over the bank's top leaders pay. The votes were taken at the bank's annual shareholder meeting at its offices in Chicago. ISS advised investors to vote against the board's pay...
The cryptocurrency climbed close to $7,600 on Sunday, according to industry website CoinDesk.
Wells Fargo declined to comment on the search process. Wells Fargo is also the smallest of the top four retail banks by assets. The board will likely pay the next CEO $15 million- $20 million a year, said Robin Ferracone, the chief executive of compensation consultancy Farient Advisors LLC.
NEW YORK, May 8- Proxy advisory group ISS has advised JPMorgan Chase& Co shareholders to vote against the bank's executive compensation at its upcoming annual shareholder meeting, according to a report the firm published this week that was seen by Reuters. The bank's board of directors recommended in its proxy filing that shareholders vote to approve...
"This country has done an incredible job in terms of the deployment of resources and human ingenuity," says the Berkshire Hathaway chief.
Buffett's Berkshire Hathaway teamed up with Jeff Bezos' Amazon and Jamie Dimon's J.P. Morgan last year to create a not-for-profit health venture aimed at cutting costs and improving services for their employees.
The LSE recently invested in Nivaura, a start-up that claims to have issued the world's first automated cryptocurrency-denominated bond.
As technology companies move into consumer finance, Wall Street banks face the dilemma of beating them or joining them.
Executives across Wall Street, from Jamie Dimon to David Solomon, have said hiring and promoting women and minorities are priorities.
Melinda Gates, in an interview with CNBC's Becky Quick, says people living in developing countries "want to live in these types of capitalistic societies."
NEW YORK, April 17- JPMorgan Chase& Co switched roles for two women executives on Wednesday, putting Chief Financial Officer Marianne Lake in charge of consumer lending and naming card services chief Jenn Piepszak to take Lake's place. The moves were announced in an internal memo from Chief Executive Officer Jamie Dimon and the bank's two co-presidents.
J.P. Morgan Chase released its earnings for the first quarter of 2019 posting record profit and revenue. The bank beat the $28.4 billion estimate for revenue coming in with $29.85 billion. Its adjusted net income hit a record high with $9.18 billion, $1.5 billion more than estimates. CNBC Banking Reporter, Hugh Son, breaks down what led to the strong numbers including interest rates, credit, and aggressive growth.
The company reported better-than-expected earnings Friday.
Mark Luschini, Janney Montgomery Scott chief investment strategist, and Randy Warren, Warren Financial Service CIO, join 'Power Lunch' to discuss what investors should focus on as the markets continue to rally.
NEW YORK, April 12- JPMorgan Chase& Co's better-than-expected first-quarter earnings raised expectations that rival Wall Street lenders would follow suit when they report next week, pushing most bank stocks higher on Friday. It reported strong results across its businesses, with Chief Executive Jamie Dimon citing solid U.S. economic growth, moderate...
CNBC's "Fast Money Halftime Report" team is joined by Bryn Talkington, managing partner at Requiste Capital Management, to break down the biggest news impacting markets.
April 12- JPMorgan Chase& Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results. The largest U.S. bank by assets showed strength across its businesses in the first quarter, driven by what Chief Executive Jamie Dimon described as solid U.S. economic growth, moderate inflation and strong...