Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.
JPMorgan Chase CEO Jamie Dimon has held the top spot at the largest U.S. bank by assets for almost two decades, making him the longest-serving CEO on Wall Street today. And the bank just announced his leading successor’s own retirement.
Jamie Dimon said there's a running list of executives who could replace him as CEO of JPMorgan. The comments followed the latest leadership reshuffle.
Jennifer Piepszak will become chief operating officer of JPMorgan, and said she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.
Speaking to CBS, Dimon he was “likely” to stay on as chairman even after he quits the top job he has held since 2006.
Two big risks threaten a “resilient” U.S. economy, JPMorgan Chase CEO Jamie Dimon said ahead of the weekend’s scheduled inauguration of President-elect Donald Trump and the start of his second administration.
Piepszak, who’s taking over as COO, has signaled that she doesn’t want to take the top job at the bank, people close to her said
Succession planning is in focus across Wall Street, with JPMorgan at the center as Dimon approaches two decades in the top job.
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom. One appointment is emblematic of the coming shift. Gary Gensler,
The CEO of JPMorgan thinks immigration policy should be a top issue in Trump's next term.
Discover insights from a Bloomberg Intelligence report predicting that global banks may cut 200,000 jobs in the next few years due to AI advancements.