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4 giorni fa · 2024-05-26 - Charles Gasparino. ONE of the biggest questions involving JP Morgan, the nation’s biggest and most prestigious bank, involves succession planning: When will its long time CEO, the king of all banking, Jamie Dimon, step down. Last week, he gave some clues. It’s “not five years anymore,” he said during JP Morgan’s ...
4 giorni fa · Recall how Dimon was defenestrated from Citigroup in a management tussle with Sandy Weill back in the day. He spent a few years in the wilderness and eventually landed at a regional lender,...
2 giorni fa · In banking, Citigroup Inc.’s Sandy Weill (Dimon’s one-time mentor) stayed as chairman overlooking his successor, Chuck Prince, between 2003 and 2006. Prince was never able to grow into his role and lost control of the vast, hard-to-manage megabank; he left in 2007 on the eve of the global financial crisis as Citigroup’s mortgage losses ballooned.
2 giorni fa · #1545 Jamie Dimon on the 2024 Billionaires - Jamie Dimon runs JPMorgan Chase, the largest bank in the U.S. in terms of assets. Dimon, a Harvard Business
5 giorni fa · 1975 Gets fired by Sandy Weill. 1975 Opens Bridgewater Associates from his two-bedroom apartment. 2002 Starts Dalio Family Foundation with initial gift of $11 million.
Dimon learned how to game his way to billionaire status via stock options from the Master – his mentor Sandy Weill. Dimon was Weill’s first lieutenant as they hatched up merging Citibank, the federally-insured bank, with Traveler’s, which at the time owned the speculative trading houses of Salomon Brothers and Smith Barney.
3 giorni fa · Recall how Dimon was defenestrated from Citigroup in a management tussle with Sandy Weill back in the day. He spent a few years in the wilderness and eventually landed at a regional lender, Banc One. In 2004, he merged it into JPM following its merger with Chemical Bank, which had merged with the old Chase Manhattan Corp.
