2024-01-26 | Industry Dynamics
Today’s News JPMorgan Chase CEO Jamie Dimon has recently undertaken a reshuffling of the leadership team and a consolidation of certain business segments, a move aimed at preparing potential successors within the organization. Jennifer Piepszak, Marianne Lake, and Troy Rohrbaugh, identified as top internal candidates to succeed Dimon, have been assigned new responsibilities in […]
2024-01-19 | Industry Dynamics
Today’s News JPMorgan Chase paid its longstanding chief executive, Jamie Dimon, a record compensation of USD 36 million for the year 2023, marking a 4% increase from the previous year. Dimon, at the helm since 2005, received the substantial pay raise following a year of remarkable profits, nearly hitting USD 50 billion, surpassing industry peers. […]
2024-01-18 | Industry Dynamics
Today’s News JPMorgan Chase is currently contending with a surge of cyber attacks, with fraudsters becoming “smarter, savvier, quicker, more devious, more mischievous,” as stated by Mary Erdoes, the head of asset and wealth management at the bank. Speaking at Davos on Wednesday, Erdoes revealed that the bank allocates USD 15 billion annually to […]