Inside the Mind of Jamie Dimon
Plus: Short Selling Bans, Consumer Spending Trends, Payment Holidays
Welcome to issue #2 of Net Interest, my newsletter focused on financial sector themes. Each week I will dwell on one theme and highlight a few others of interest. It’s still a work in progress so all feedback welcome. If you like it, please sign up.
Inside the Mind of Jamie Dimon
“I’m not an artist, I’m not a tennis player, I’m not a musician, I’m not a politician. This is my contribution.”
Jamie Dimon is the third longest serving CEO of a major bank in the world. Twenty years at the helm of JP Morgan and its predecessor Bank One, he has managed his bank through two recessions and is in the midst of navigating a third.
Over that time he has seen his share price rise at an annual rate of 11%. People who once worked for him have fanned out and now run organisations all over the world including Standard Chartered, Wells Fargo, Barclays and First Data as well as operating at the highest levels of others including Comcast and Cerberus. A survey of investors ranks him among the top three CEOs i…