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CEO of JPMorgan Chase: Jamie Dimon Success Story !!

Jamie Dimon is the chairman and chief executive officer of JPMorgan Chase, which is the largest bank of the big four banks in America. He has served at the Federal Reserve Bank of New York as the board of director. This established businessman was named four times on the list of the world’s top 100 most influential people, this was during the years 2006, 2008, 2009, and 2011 by the Times Magazine.

Net Worth: 150 crores USD

Nationality: American

Son/Daughter: Laura Dimon, Kara Leigh Dimon, Julia Dimon

Spouse/Wife: Judith Kent

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Who is Jamie Dimon

Jamie Dimon was born on March 13th, 1956 and is an American businessman. He is the chairman and chief executive officer of JPMorgan Chase which is one of the leading banks in America. He is one of the few bank chief executives to ever become a billionaire. He studied at Tufts University and majored in psychology and economics. He once worked in management consulting for two years and then enrolled at Harvard Business School and during the summer holidays, he worked at Goldman Sachs. He graduated with his masters of Business Administration degree in 1982 at Harvard as a Baker scholar.

When he studied at Tufts University Dimon wrote an essay on Shearson merger and his mother sent it to Sandy Weill. He then hired Dimon to work at Shearon, doing budgets during one of his summer holidays. After he graduated at Harvard Business School, Sandy Weill convinced Jamie Dimon to turn down offers he received from Goldman Sachs, Morgan Stanley, and Lehman Brothers just so he can join him as his assistant at American Express. As much as the salary Sandy Weill was nothing compared to that of the investment banks he guaranteed Dimon that he will surely enjoy himself. The executive vice president at the American Express was his father Theodore Dimon.
In 2014, Dimon was diagnosed with throat cancer. He underwent for treatment, which was eight weeks of radiation and chemotherapy. His treatment ended on September 4014.

Jamie Dimon’s Family

Dimon was born in the United State in New York. He was received on the 13th of March 1956. He’s parent are immigrants from Greek and he has two brothers. His parent name are Theodore and Themis Dimon. His grandfather was a Greek immigrant who was responsible of changing the family name from Papademetriou to make it sound more French he chose to go for Dimon and he worked as a banker in Athens and Smyrna which is now known as Izmir. His older brother is Peter and a twin brother Ted. His father and his grandfather both worked as stockbrokers at Shearson.
In 1983 Jamie Dimon settled down with his wife Judith Kent, who he met at Harvard Business School. They now share three daughters named Julia, Laura, and Kara Leigh.

Jamie Dimon’s Education

Jamie Dimon attended The Browning School. He then went on to study at Tufts University where he got to major in psychology and economics. After he graduated he worked for two years and then went back to school. This time around he enrolled at Harvard Business School where he earned his Master of Business Administration degree as a baker scholar.

Jamie Dimon’s Career

Dimon worked during his summer break when he was studying psychology and economics at Tufts University. He worked at Shearson doing budgets. After he completed his studies at Tufts University he worked in management consulting for two years and went on to enrol at Harvard Business School to do his Master of Business Administration degree. After he graduated Sandy Weill convinced him to come and work as his assistants at American Express which was owned by Dimon’s father. Sandy Weill assured Jamie Dimon that it will be fun working there. Sandy Weill left American Express in the year 1985 and Dimon also left American Express with Sandy Weill. They then took over commercial credit, which was a consumer finance company, from control data. When Dimon was only 30 years of age he served as the chief financial officer, and he assisted on turning the company around. Through all the mergers and the acquisition, they conducted in the year 1998 Sand Weill and Dimon were finally able to form a huge financial services conglomerate, Citigroup. However, on November 1998, Dimon left Citigroup after he was requested to do so by Sandy Weill during a weekend executive retreat. Rumours were all up in the air around that time as it was said that Dimon and Sandy Weill had an argument over Dimon not promoting Sandy Weill’s daughter Jessica M. Bibliowicz as much as that happened over a year before Dimon resigned. In 2006 Dimon confirmed in an interview that indeed he was fired by Sandy Weill.
Dimon became the chief executive of Bank One on March 2000 which is the fifth-largest bank in the nation. In July 2004 JPMorgan Chase bought Bank One, and Dimon became the chief operating officer of the combined companies. On the 31st of December 2005, Dimon was announced as the chief executive officer of JPMorgan Chase.and exactly a year later December 31 2006 he was named as the chairman and president. He was then a Class A board member of the Federal Reserve Bank of New York, this happened on March 2008.
Ever since Jamie Dimon joined JPMorgan Chase it has become the leading U.S bank in domestic assets under management, market capitalization value, and publicly trade stock value. Dimon was considered by Brendan Wood International which is an advisory agency as “The TopGun CEOs” in 2009.
Dimon was caught in a high profile heated debate with Mark Carney who is the governor of the Bank if Canada on September 26, 2011. Dimon mentioned that provisions of the Basel III international financial regulations discrimination against U.S banks are “anti-American”. JPMorgan called an emergency conference on the 10th of May 2012 to report a loss of about US$2 billion in trades that Dimon said were designed to hedge the bank’s overall credit risk. A quotation from Dimon he said the strategy was, ‘flawed, complex, poorly reviewed, poorly executed, and poorly monitored.’ The incident was investigated by the Federal Reserve, the SEC, and the FBI and the central actor was labelled with epithet the London Whale. From 2011 to 2012 Dimon got to serve as chairman and executive committee of Business Council.
It was announced on January 24, 2014 that Dimon would receive close to $20 million for his work which he performed in 2013 which consisted a year of achievement that is a year of record profits, stock price despite the losses occurred due to the scandals and payment of fines. He was awarded with 74% raise, which included over $18 million in restricted stock. As much as they had to pay $13 billion settlement to the government, for bad mortgages and practises during the financial crisis.

JPMorgan Chase

JPMorgan and Chase & Co. is one of the known American multinational investment banks and financial services providers which is located in New York City. JPMorgan is ranked as the largest bank in the United States and the sixth-largest bank in the world by total assets. It total assets amount to US$2.73 trillion. JPMorgan Chase is made up of several U.S banking companies which were combined to form what has become JPMorgan today. The acquisition of other banks started from 1996 which includes Chase Manhattan Bank, J.P. Morgan & Co, Bank One, Bear Stearns and Washington Mutual. Its predecessors have been connecting to major banking firms such as Chemical Bank, Manufacturers Hanover, First Chicago Bank Texas Commerce Bank,
National Bank of Detroit, Providian Financial and Great Western Bank. The oldest predecessor institution is the Bank of the Manhattan Company which was the third oldest banking corporation in the United State, and it is also the 31st oldest bank in the world. It was formed or established on the 1st of September, 1799 by its founder Aaron Burr.
JPMorgan Chase bought Collegiate Funding Services in 2006. They purchased it for an amount of up to $663 million. CFS was actually used as the foundation for the Chase Student Loans, which was known as Chase Education Finance before it was changed to Chase Student Loans. JPMorgan Chase also purchases Bank of New York Mellon’s retail and small business banking network on the same year which is in 2006. The acquisition gave JPMorgan Chase access to 339 other additional branches in New York, New Jersey, and Connecticut. During the year 2008, it went on to acquire the UK based carbon offsetting company ClimateCare. The year 2009, JPMorgan announced that it was acquiring the balance of JPMorgan Cazenove, which was an advisory and underwriting joint venture which was established in 2004 with the Cazenove Group, for GBP1 billion. Thereafter in 2013 JPMorgan acquired Bloomspot, which is based in San Francisco. Shortly after the acquisition, the service was the shutdown.
Jamie Dimon is a successful businessman who has gone through his far shots of struggles. He has worked hard to make a name for himself. It took patience, understanding and a few knocks on the ground. He is the validation that anything is possible. Through all the struggles he got to face, he made a success of himself.

JPMorgan and Chase & Co. is one of the known American multinational investment banks and financial services providers which is located in New York City. JPMorgan is ranked as the largest bank in the United States and the sixth-largest bank in the world by total assets. It total assets amount to US$2.73 trillion. JPMorgan Chase is made up of several U.S banking companies which were combined to form what has become JPMorgan today. The acquisition of other banks started from 1996 which includes Chase Manhattan Bank, J.P. Morgan and Co, Bank One,Washington Mutual & Bear Stearns. Its predecessors have been connecting to major banking firms such as Chemical Bank, Manufacturers Hanover, First Chicago Bank Texas Commerce Bank,
National Bank of Detroit, Providian Financial and Great Western Bank. The oldest predecessor institution is the Bank of the Manhattan Company which was the third oldest banking corporation in the United State, and it is also the 31st oldest bank in the world. It was formed or established on the 1st of September, 1799 by its founder Aaron Burr.
JPMorgan Chase bought Collegiate Funding Services in 2006. They purchased it for an amount of up to $663 million. CFS was actually used as the foundation for the Chase Student Loans, which was known as Chase Education Finance before it was changed to Chase Student Loans. JPMorgan Chase also purchases Bank of New York Mellon’s retail and small business banking network on the same year which is in 2006. The acquisition gave JPMorgan Chase access to 339 other additional branches in New York, New Jersey, and Connecticut. During the year 2008, it went on to acquire the UK based carbon offsetting company ClimateCare. The year 2009, JPMorgan announced that it was acquiring the balance of JPMorgan Cazenove, which was an advisory and underwriting joint venture which was established in 2004 with the Cazenove Group, for GBP1 billion. Thereafter in 2013 JPMorgan acquired Bloomspot, which is based in San Francisco. Shortly after the acquisition, the service was the shutdown.
Jamie Dimon is a successful businessman who has gone through his far shots of struggles. He has worked hard to make a name for himself. It took patience, understanding and a few knocks on the ground. He is the validation that anything is possible. Through all the struggles he got to face, he made a success of himself.

Jamie Dimon Quotes Images

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Jamie Dimon Interview

Q. What ethnicity is Jamie Dimon?

American

Q. Who is Jamie Dimon’s wife?

Judith Kent

Q. How old is Jamie Dimon?

13 March 1956

Q. What does Jamie Dimon do?

Jamie Dimon is Entrepreneur, Industrialist and Banker

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