Jamie Dimon

JPMorgan CEO Jamie Dimon said Tuesday his bank won't try to hire top performers at Citigroup and Bank of America, days after the government's "pay czar" slashed pay for the biggest earners at JPMorgan's troubled rivals. "I morally have an issue with people going against these companies that are hamstrung and making it worse," Dimon told a conference of financial professionals in New York. Pay czar Kenneth Feinberg last week said he had ordered seven companies that have received billions of dollars in taxpayer money to slash the base salaries of their top executives by an average of 90 percent and cut total compensation ... Read Full Story

NEW YORK (Reuters) - JPMorgan Chase & Co <JPM.N>, the second largest U.S. bank, is looking to add financial advisers, Chief Executive Jamie Dimon told a conference in New York on Tuesday. The bank, which acquired about 350 advisers through its purchase of investment bank Bear Stearns in March last year, is looking to reach a total of about 1,000 advisers, Dimon said. "Our strategy there is to go to 1,000 of the top, top, top," he said, adding, "So if you're really really good, call JPMorgan up and we'll be happy to hire you." Dimon, whose father and grandfather were brokers, made the ... Read Full Story

NEW YORK (Reuters) - JPMorgan Chase & Co has reshuffled the leadership at its investment bank, naming a new chief executive who could eventually succeed Jamie Dimon as head at the No. 2 U.S. bank, in a shake-up that surprised many analysts and investors. JPMorgan <JPM.N> said Jes Staley, current head of the bank's key asset management unit, will become the chief executive of the investment bank. Dimon, 53, is not expected to leave any time soon, but Staley's promotion makes him a front- runner to succeed him, a person close to JPMorgan said. "This sends the message that they have a deep bench ... Read Full Story

Jamie Dimon , the CEO of JPMorgan, is a towering genius of finance, Obama hanger-on , savior of Wall Street , and irritable dick . He’s also long liked to wear tight jeans, as his 1974 yearbook page makes clear. This is Dimon’s 1974 yearbook senior page from the Browning School, the upper-east-side private academy he attended. We first learned about the yearbook in Duff McDonald’s biography Last Man Standing , and knew that we needed to see the whole thing for ourselves. We put out some calls to find the rest of it and got a friendly source to scan in Dimon’s whole ... Read Full Story

Albert Gordon: Financial Leadership the Old-Fashioned Way - The Kidder Peabody legend brought a purposefulness and responsibility to the business that his contemporary counterparts would do well to learn - BusinessWeek - (I was fortunate enough to meet Al Gordon twice - BC) ———— ALAN GREENSPAN TO SPEAK FOR NATIONAL ASSOCIATION OF REALTORS - By JOHN CRUDELE - WHO the hell would be stupid enough to pay to hear Alan Greenspan’s opinion of anything! Notice, that isn’t a question because I already know the answer. Rather, it’s a statement with one of those exclamation points to show that my voice is being raised in ... Read Full Story