Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he’s run for nearly 2 decades ...Middle East

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Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. – sell shares in the company. The top executive of the nation’s largest bank will sell 1 million shares starting next year, according to a regulatory filing this week. JPMorgan sought to reassure investors that the stock sale is not a matter of concern. “Mr. Dimon continues to believe the company’s prospects are very strong and his stake in the company will remain very significant,” the filing said. Dimon and his family currently hold about 8.6 million shares of the bank. And JPMorgan has become a titan under Dimon’s leadership. Dimon became CEO of JPMorgan in January 2006 and

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Last updated : 27 October 2023 clock 07:29 PM

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Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he’s run for nearly 2 decades ...Middle East

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