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Born
Born March 13, 1956 in New York City -
Graduated from Tufts University
Jamie Dimon graduates from Tufts university in 1978 with a Bachelor's degree in Arts. -
Graduated from Harvard
Jamie graduates from Harvard business school with a masters degree in Business administration. -
First Job at Shearson Hamill & Co (American Express)
Dimon gets his first job after his father (who works at Shearson) brings him to work. Young Dimon then wrote a paper on the merger that was taking place which his father showed to Sandy Weill (Weill ran the company at the time before it was acquired by American Express) getting Dimon his first job. This is now considered a nepotism scandal because the reason he was hired was through his father. This was his doorway into his career in business. -
Managing Finance
Dimon begins managing Financial Operations of Primerica and subsequent firms. -
President of Primerica
Jamie is promoted to president of primerica in 1991 -
President of Travelers
Primerica accepts a $4 Billion merger offer from the travelers corporation. -
Making a Wall Street Behemoth with Solomon
Financial Companies that are gathered under the trademark umbrella come into possession of the Wall Street powerhouse that owns Solomon Brothers for more than $9 Billion. Jamie Dimon and Deryck Maughan become co-chiefs of the new firm. -
Heir of Citicorp and Resignation
The Citicorp and Travelers group agreed to merge to become a successful financial company and a month later Dimon was labeled the president of Citicorp. Later Mr. Weill forced the resignation of his long time partner. -
Back to Banking
The Chicago based Bank One names Dimon as its Chairman. -
Getting Bigger
Jp morgan acquires bank one for $58 Billion in stocks, this allows them to more easily compete with Citigroup. -
Ceo of JP Morgan Chase
After Graduating from Harvard he joined the JP Morgan Chase in 2004; he became CEO and chairman afterwards -
Washington Mutual Assets
Regulators put an emergency sale of the giant lender to JPMorgan for $1.9 billion, averting another potentially huge taxpayer bill. The deals for Bear Stearns and WaMu transform JPMorgan into the country's largest commercial bank. -
Rift with Obama
Mr Dimon and president Barack Obama were good friends until they hit a financial crisis. At a White House meeting, the president prods the heads of the nation's biggest banks to lend more and stop fighting regulation. -
Dimon is Given a Raise
Jamie has been experiencing scandals and firm regulatory penalties for the last year and as a result the company gave him $20 million as a reward -
$2 Billion Loss is Disclosed
JPMorgan discloses $2 billion in trading losses, tied to an obscure unit known as the chief investment officer. Mr Dimon blames "errors, sloppiness and bad judgement" for the losses -
Chief of Investments Departs
JPMorgan replaces three top traders, including Ina Drew, on of the top women on Wall Street, in effort to stem the anger the bank is facing from regulators and investors -
An Apology
He apologizes for the errors, but defends the blank. Mr. Dimon faces a tougher line of questioning about the bank's risk controls and practices at a hearing of the House Financial Services Committee. -
Nepotism Scandal with Chinese Prime Minister Daughter
Already accused of many Nepotism Scandals JPMorgan found itself in a bind when it came to light a deal to hire a Chinese Prime Ministers daughter with a contract of close to 2 million dollars. -
Dimon Pay is Cut in Half
The board of JPMorgan cuts Jamie Dimon's pay in half due to the trading loss which resulted in the loss of $6.25 billion in total. -
Senate Panel Report on Trading Loss
The 300 page report by a congressional subcommittee shows that traders ignored internal controls and manipulated documents. -
Dimon's Pay is Cut in half
The board of JPMorgan cuts the pay package of Mr Dimon by 50% as a result of the trading loss. The bank releases an internal report showing the bad bet and management failures. -
Stuck at the Top
Jamie Dimon is solidly ensconced at the top of the biggest bank in America despite rising legal problems as the bank's board is with him entirely. -
Throat Cancer
Jamie was diagnosed with throat cancer which for him was curable and got it treated during the summer. -
At his Richest
his net worth peaked in 2021 -
Recent News About Jamie
Jamie is selling 1 million shares ($140mil) of Jp Morgan this year and may be retiring at 67 years old.