JPMorgan Chase Bank CEO Dimon is Now Chairman Emeritus and 2 Other Dow Movers to Watch
JPMorgan Chase & Co. (NYSE:JPM): Current price $52.45
A filing with regulators that was released Thursday said that Chief Executive Jamie Dimon has relinquished his title of chairman of the firm’s primary banking subsidiary. Now, Dimon is listed as chairman emeritus of JPMorgan Chase Bank N.A. in the public area of the “living will,” as submitted to the Federal Reserve and the Federal Deposit Insurance Corp. Meanwhile, a Reuters report says that Dimon surrendered the role in compliance with a new internal policy regarding holding multiple roles.