JPMorgan Chief Jamie Dimon Tries To Rekindle Wall St Glow At Investor Day - Latest U.S & World News -BoardProspects

JPMorgan Chief Jamie Dimon Tries To Rekindle Wall St Glow At Investor Day

Latest U.S & World News May 23 2022 BoardNews

Jamie Dimon’s reputation as a favourite of Wall Street will be put to the test next week as the JPMorgan Chase chief executive holds the company’s first investor day in two years, amid criticism of his pay package and spending plans for the biggest US bank.The showdown was scheduled in February after analysts raised concerns about Dimon’s announcement the previous month that JPMorgan would spend $15bn on new investments this year...
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Quotes
1. As we've said, the investors have been asking good questions.
2. JPM's investor day is always a big event for the financial sector, but we believe Monday's event is more critical than normal.
3. Feedback from investors has centred a lot around those investments and just understanding what are the returns.
4. Investor day will be an opportunity for them to further detail initiatives that they've given broad strokes on so far.
Topics Mentioned
- technology
- Bank
- stock options
- Wall Street
- Investors
- Federal Reserve
- Bank of America
- Wells Fargo
- Deutsche Bank
- JPMorgan
- JPMorgan Chase
- Jamie Dimon
- Citigroup
- UK
- CEO
- Investor
Authors
- Editor World News Era