Posts Tagged ‘

jamie dimon

Bernanke: I’ll now take questions from the floor…

“… Yes, you, the short man in the smart suit.”

“Jamie Dimon, JP Morgan. I’d just like to ask…”

“Wait, I meant Hilsenrath.”

A welcome plunge in rankings for Wall Street’s finest

There is one exclusive ranking in the financial world that Goldman Sachs’ chief executive Lloyd Blankfein and his high-earning counterparts at Citigroup and JPMorgan are very glad to be at the bottom end of — and that is the annual list of the best-paid finance industry CEOs. More…

UK graduates <3 Goldman Sachs

Bad press and Jamie ‘Most Dangerous Man in America’ Dimon be damned. The UK’s graduating classes have spoken, and for those who see themselves as heirs to Gekko, Goldman Sachs is their would-be employer of choice. More…

Dimon: We’ve hedged Greece. But California…

The attention of the world’s media has shifted in recent months toward Greece — small European country, population 11m, ‘difficult’ economic situation — and away from California.

Remember California? The US state, More…

Jamie Dimon? You’re free to go.

Jamie Dimon is no longer on Atlanta’s wanted list.

On Tuesday, CBS Atlanta reported the JP Morgan goldenboy had a warrant out for his arrest, related to an illegal dump at a property in the Georgia capital. More…

Dimon, most wanted

Jamie Dimon is a wanted man in Atlanta.

H/T Dealbreaker (bonus: here’s the tire dump)

Bonus neurosis, revisited: Mine’s bigger than yours

After all the hoohah and wild reports about $100m pay-outs, Goldman Sachs on Friday made a big move against the backlash over its compensation practices, saying it would award chief executive Lloyd Blankfein a mere $9m stock bonus for 2009, More…

Cazenove, the broker that got brokered

Us Brits think of Cazenove as being the epitome of shrewd.

After all, Cazenove partners are/were the masters of corporate broking, the ultimate financial weather-vane for London’s financial community.  One-in-three Footsie bosses would/do count the firm’s urbane chairman, More…

Dimon shakes up JPMorgan

Jamie Dimon, chief executive of JPMorgan Chase, on Tuesday initiated a shake-up of his top management team, ousting Bill Winters, co-head of investment banking, and anointing Jes Staley as likely heir to the top job. More…

[The Lehman Anniversary] The BBC’s Lehman Towers

Did the BBC mean for their dramatisation of the last days of Lehman Brothers to be utterly, cringeworthingly hilarious?

If they didn’t, they certainly did a good job making it look like they did.

In short: More…

Dimon slams “fast and furious” regulatory reform

Jamie Dimon, chief executive of JPMorgan Chase, on Thursday hit out at strict rules on US credit cards, saying they would cost the bank’s lossmaking card unit up to $700m next year. His comments came after JPMorgan underlined its status as one of the winners from the crisis, More…

Dimon hits at foreign-worker rules

Rules preventing US banks from hiring foreigners are a “complete and utter disgrace” and could prompt other governments to retaliate against American expatriates, Jamie Dimon, chief executive of JPMorgan Chase, More…

Dimon criticises government aid

Jamie Dimon, chief executive of JPMorgan Chase, on Thursday said the bank wanted to be free of government intervention and could repay $25bn in federal aid without raising new capital. Speaking after JPMorgan reported strong Q1 results driven by record investment banking profits, More…

JPMorgan chief urges Congress unity

Jamie Dimon, the chief executive of JPMorgan Chase, on Wednesday urged US lawmakers to unite behind Barack Obama and not behave like a “dysfunctional family” as the country battles the economic crisis.  Echoing the patriotic, More…

Dimon hits back

Attacks by US politicians on bankers’ bonuses should spare institutions that have escaped the worst of the crisis, said Jamie Dimon, chief executive of JPMorgan Chase, which has outperformed most of its rivals. More…

Goldman takes fizz out of Davos

In a nod to the new mood of sobriety, Goldman Sachs has quietly cancelled its glittering annual party at the World Economic Forum in Davos and has sharply reduced its delegation to the event, which starts Wednesday. More…

JPMorgan sees Q4 earnings slump

Jamie Dimon, JPMorgan Chase’s chief executive, on Thursday attacked a proposed law to allow US judges to modify mortgages, saying it would have a “chilling effect” on consumer lending. Dimon’s criticism of the planned legislation, More…

JPMorgan chief sees bleak year ahead

The US financial and economic crisis will worsen this year as hard-hit consumers default on credit cards and other loans, Jamie Dimon, chief executive of JPMorgan Chase, has predicted. Dimon, whose bank will report Q4 results on Thursday, More…

US bank shares plunge after Dimon warning and BofA job cuts

On a poor day for financial stocks, Bank of America said it would cut up to 35,000 jobs after its planned takeover of Merrill Lynch while JPMorgan Chase chief executive Jamie Dimon warned his bank was having a tough quarter after a “terrible” More…

Last chance for a Bear bear

You are out of a job. And while Jamie is trying, the employment outlook is not good. But before you exit the building, you can still load up on branded goods to remind you of happier times – at a price. More…

My dear Jamie,

Thanks for your note.

As it happens, we do currently have one position to fill and further openings may well become available shortly. But interest has already been keen and we’ve decided to rule off on applications at the close of play on Monday. More…

JPMorgan’s mystery cash call

The timing seems designed to unnerve.

Jamie Dimon was on Wednesday reserved in his outlook for the global economy and for the capital markets. But the overriding message heard by investors was that the worst was over. More…

JPMorgan’s Dimon gains $28m in 2007

Jamie Dimon, chairman and chief executive of JPMorgan Chase, received a compensation package worth $27.8m last year, compared with the $39m he earned in 2006, according to a regulatory filing issued Monday. More…

Sell humans, sell banks says Whitney

Beware humans. Oppenheimer & Co analyst Meredith Whitney told the Times after JPMorgan upped its offer for Bear Stearns:

Jamie Dimon was clearly very upset with how distraught Bear employees were. His decision to raise the offer was definitely a human move and as a leader you can’t be human. More…

Dimon: Wall St’s ‘banker of last resort’

James Dimon, chairman and chief executive of JPMorgan Chase, is quickly becoming Wall Street’s banker of last resort, notes the WSJ on Monday. A decade after Dimon’s career seemed shattered by his notorious ouster from Citigroup, More…

Lombard: slashing costs is first step at Abbey

When Jamie Dimon took the helm at Chicago’s Bank One in 2000 he found that the legacy of the bank’s acquisition binge included no fewer than seven different deposit computer systems that needed integrating. More…

JPMorgan eyes Japan deals

JPMorgan Chase is looking at possible acquisitions in Japan as it seeks to take advantage of banking reforms in the world’s second-largest economy, the bank signalled on Monday. Jamie Dimon, chief executive, More…

JPMorgan chief hits buy-out ‘equity bridges’

Jamie Dimon, JPMorgan Chase CEO, on Wednesday attacked as “a terrible idea” the practice of investment banks committing to pick up equity in LBOs that private equity firms cannot sell on to other investors. More…

Dow Chemical chief backs Dimon

Jamie Dimon, chief executive of JPMorgan, won a vote of confidence from Andrew Liveris, his counterpart at Dow Chemical, amid growing controversy over whether revelations by Mr Dimon precipitated the firing of two Dow executives. More…

Dimon in focus over Dow Chemical firings

Jamie Dimon, the chief executive of JPMorgan, has been thrust into the spotlight in the escalating battle between Dow Chemical and two senior employees fired for allegedly plotting a buy-out of the company, More…