Navigating rough waters

24 Apr 2014

Re: Jamie Dimon (MBA 1982)

Topics: Finance-Banks and Banking Management, Leadership

James ("Jamie") Dimon's (MBA 1982) role on Wall Street has been much analyzed during his 30-year career. Since taking charge of JPMorgan Chase in 2005, the company has become one of the nation's largest banks, with assets of $2.4 trillion.

The ride has been tumultuous for Dimon, who shepherded the bank through the financial crisis of 2008, including its rescue of Bear Stearns and acquisition of Washington Mutual.

"Our aim is to be the world's most trusted and respected financial services institution," says Dimon, whose management style has been called "intuitive" because of his appreciation for the nuts and bolts of his company, from understanding the processing of checks to the most complicated financial report. He had been CEO of Bank One when JPMorgan Chase purchased it in 2004. During his tenure at JPMorgan Chase, where he serves as chairman and CEO, it has become the leading US bank in domestic assets under management, market-capitalization value, and publicly traded stock value.

(Published April 2014)

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Jamie Dimon

MBA 1982

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