1. IN THIS CORNER! JAMIE DIMON.
- Author
-
Tully, Shawn and Levenson, Eugenia
- Subjects
BANK mergers ,FINANCIAL services industry ,CORPORATE turnaround management ,BANKING industry personnel ,EMPLOYEES - Abstract
The article reports on the career and accomplishments of JP Morgan CEO Jamie Dimon. He became president of JP Morgan Chase when it acquired Bank One where he had been CEO. Soon after, he cut salaries for hundreds of overpaid staff positions. He is known for his ability to cut costs, his lack of subtelty and his candor. He helped create Citigroup, the world's largest financial services company, with Sandy Weill. He is expected to turn around JP Morgan's poor performance around.
- Published
- 2006