… as reports say China regulator asked Dimon to hire family friend February 10, 2014 CHINA’S top insurance regulator directly asked JP Morgan Chase’s chief executive Jamie Dimon to hire a family friend as a “favour,” the New York Times has reported, citing a confidential email. The latest report comes as Wall Street’s practice of hiring family and friends of China’s ruling elite continues to attract the attention of regulators. [...]
Dimon says settlements unfair January 23, 2014 JP MORGAN chief executive Jamie Dimon has said legal settlements against the firm were not fair. Speaking at The World Economic Forum in Davos, Dimon told the US network CNBC: “I think a lot of it was unfair, but I am not going to go into the details,” adding that court battles could have taken [...]
Jamie Dimon’s $11bn day out September 26, 2013 JP Morgan boss heads to Washington for settlement talks JP MORGAN boss Jamie Dimon met Justice officials in Washington DC yesterday, travelling down from New York to hammer out the final details of the bank’s bill to settle mortgage investigations. The lender is facing the biggest ever fine levied on a bank, with officials thought [...]