James Dimon
James Dimon
James "Jamie" Dimonis an American business executive. He is chairman, president and chief executive officer of JPMorgan Chase, largest of the Big Four American banks, and previously served on the Board of Directors of the Federal Reserve Bank of New York. Dimon was named to Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. He was also named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey from 2008 through 2011...
books books-and-reading bunch interest positions several side trading work wrong
Several of our trading books were on the wrong side of interest rates. It was a bunch of positions that didn't work out.
added hope lost money opposed quarter reduce
The hope was that it would reduce volatility, but this quarter it added to it. We lost money as opposed to making money on it.
difference either flying plane
Obviously, there is a difference in being the C.E.O. or not being the C.E.O., ... You are either flying the plane or you're not.
bill counsel excited forward great lead opportunity partner support
Bill Harrison has been a great partner through this transition, and I look forward to his support and counsel in the future. I am very excited about the opportunity to lead this great institution.
absolutely bank management results
These short-term results are absolutely unacceptable to our shareholders ? and to Bank One management,
anyone good hoped partner
as good a partner as anyone would have hoped for.
although beginning costs credit environment expected improve improvement latter lead near parts remains slowing
While the credit environment remains challenging, we are beginning to see a slowing of deterioration in parts of our business, ... Although this is not expected to improve credit costs in the near term, it could lead to improvement in the latter part of the year.
goals management reduce team
Yes, we are disappointed in the volatility. The management team understands that one of our goals is to reduce that.