Jamie Dimon

DEFINITION of 'Jamie Dimon'

The chairman, CEO and former president of JPMorgan Chase & Co. He joined Chase as its president in 2004, when Chase acquire Bank One, the U.S.'s sixth-largest bank. He became the company's CEO in December, 2005. In 2007, Dimon was elected to a three-year term as a class A director of the Federal Reserve Bank of New York. He has also been a director of Yum! Brands and the Chicago Clearing House Association.

BREAKING DOWN 'Jamie Dimon'

Born in 1956 in New York City, Dimon earned his MBA from Harvard Business School in 1982. He began his career in 1978 as an intern for Goldman Sachs. He worked for numerous financial companies, including American Express, Commercial Credit Group, Primerica, Smith Barney (COO then chairman and CEO), Citigroup (president) and Bank One (chairman and CEO).

RELATED TERMS
  1. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  2. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
  3. Julian C. Day

    The CEO and chairman of technology retailer Radio Shack since ...
  4. Chairman

    An executive elected by a company's board of directors that is ...
  5. Federal Reserve Bank Of New York

    The Federal Reserve bank that is responsible for the second district ...
  6. John T. Dillon

    A former president, chairman and CEO of International Paper Co., ...
Related Articles
  1. Markets

    Jamie Dimon: Success Story

    Jamie Dimon's career path to the President and CEO of JPMorgan Chase & Co. (JPM) showed just how determined and shrewd he could be. He is loud and unapologetic and his results speak for themselves. ...
  2. Professionals

    Jamie Dimon's Success Story: Net Worth, Education & Top Quotes (C, JPM)

    Learn how Jamie Dimon did not waste time making a mark in the family business by creating one of the most successful financial careers of all time.
  3. Markets

    Jamie Dimon: Net Worth & Current Influence

    Jamie Dimon, President and CEO of JPMorgan Chase & Co (JPM), is an incredibly wealthy man. One of few billionaire bankers, he derives most of his wealth from his part in creating Citigroup. In ...
  4. Markets

    Jamie Dimon: Early Life and Education

    Jamie Dimon, the President and CEO of JPMorgan Chase & Co (JPM) has created a “Cult of Jamie”. From his school days right up until today, Dimon has had the confidence required to ...
  5. Markets

    Jamie Dimon Biography

    Jamie Dimon must be the most fearless man on Wall Street.
  6. Markets

    Why Dimon Thinks U.S. Economy Can Hold its Own

    JPMorgan chief Jamie Dimon believes the U.S. economy can hold its own. Here's why.
  7. Markets

    Jamie Dimon: Most Influential Quotes

    Usually when someone gets to be as influential as JPMorgan Chase & Co. (JPM) CEO Jamie Dimon, he starts to watch his words, ever mindful that people are listening and that every word can be scrutinized ...
  8. Insights

    Jamie Dimon to Raise Pay of 18,000 Employees (JPM, SBUX)

    Jamie Dimon said he will raise the wages of 18,000 lower tier workers over the next three years
  9. Markets

    The 5 Highest Paid Executives in The Financial Sector (JPM, C)

    Learn who the highest paid executives in the financials sector are and how they became some of the most influential and powerful people in the world.
  10. Managing Wealth

    Top 4 Companies Owned by JPMorgan (JPM)

    Read about JPMorgan Chase & Company's main operating subsidiaries, including its retail and investment banking operations and its global asset management firm.
RELATED FAQS
  1. How do investors "chase the market"? It this a bad thing?

    Generally, an investor "chases the market" when he or she enters into a highly priced position after the stock price has ... Read Answer >>
  2. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  3. What is the structure of the U.S. Federal Reserve Bank?

    Wonder how the U.S. Federal Bank began and how it works today? Learn how this complex system is structured and how it works ... Read Answer >>
  4. Who controls the Federal Reserve Bank?

    Read about the ownership and control of the Federal Reserve, the most powerful financial institution in the world and the ... Read Answer >>
  5. How is the Chairman of the Securities and Exchange Commission (SEC) chosen?

    Learn how the Chairman of the Securities and Exchange Commission is chosen, from presidential appointment to Senate confirmation. Read Answer >>
  6. How did Warren Buffett get started in business?

    Warren Buffett may have been born with business in his blood. He started saving while other children were at the playground, ... Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center