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The salary package is made up of a $1.5 million base pay and $34.5 million in performance-based variable incentive compensation. ... JPMorgan's succession plan is one of the best-kept secrets in ...
JPMorgan remains comfortably America's biggest bank, with $3.7 trillion in assets as of March 2023, and $303 billion in stockholders' equity. ... Announcing Dimon's salary package in an SEC filing ...
Under Dimon, JPMorgan Chase reached a then-record $13 billion settlement ($11 billion of which was tax deductible) with the US government, which was the second largest (behind Bank of America's $16.65 billion settlement) in relation to the mis-selling of mortgage-backed securities in the years leading up to the 2007–2008 financial crisis.
In March 2024, it was reported that Aurangzeb was ranked among the top five highest-paid bank CEOs in Pakistan, earning an annual salary totaling Rs 352 million at Habib Bank. [ 15 ] [ 7 ] It was also reported that he was ready to forego his monthly salary package of Rs3 crore at Habib Bank as well Dutch nationality to take up the position of ...
Lee led the J.P. Morgan teams that executed the $25 billion Alibaba Group IPO, the largest IPO in history; [9] the $23 billion General Motors IPO, the second largest U.S. IPO; [10] and the $41 billion common stock sale of the U.S. Treasury’s ownership of AIG, resulting from the U.S. Government's bailout of the company. [11]
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JPMorgan Chase agreed to pay $920 million in total fines to US and UK authorities. [4] [5] [6] JPMorgan Chase cut chief executive Jamie Dimon's 2012 pay in half, from $23 million to $11.5 million, as a consequence for the $6 billion trading loss. [7] [8]
In 2013, Staley left J.P. Morgan after more than 30 years to join BlueMountain Capital as a managing partner. In May 2015, he was elected to the board of directors of the Swiss global financial services company UBS [ 16 ] as a new member [ 17 ] of the Human Resources and Compensation Committee and of the Risk Committee. [ 18 ]