Jamie Dimon

Jamie Dimon is an American banking executive who has served as chairman and chief executive officer of JPMorgan Chase. He led the bank through the 2008 financial crisis and its aftermath.

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JPMorgan Chase: JPMorgan Chase is an American multinational bank formed through mergers and headquartered in New York City. Dimon has led the company as chairman and chief executive officer.
Bank capital: Bank capital is the funding that absorbs losses and protects a bank’s creditors and depositors. Capital strength is central to the resilience Dimon has emphasized at JPMorgan Chase.
2008 financial crisis: The 2008 financial crisis was a global banking and economic collapse triggered by mounting losses in mortgage markets. JPMorgan Chase remained profitable during the crisis while acquiring failing institutions.
Dodd–Frank Act: The Dodd–Frank Act is a 2010 United States law that tightened financial regulation after the 2008 crisis. Dimon became a prominent critic of parts of the law governing large banks.
Sandy Weill: Sandy Weill is an American financier who built Citigroup through a series of mergers. Dimon rose through Weill’s organizations before their relationship deteriorated.
Stress testing: Stress testing estimates how a financial institution would fare under severe economic or market shocks. Regulatory stress tests assess whether JPMorgan Chase can withstand downturns.
Bear Stearns acquisition: JPMorgan Chase acquired the failing investment bank Bear Stearns in 2008 with federal support. The emergency deal expanded the bank and made Dimon a prominent crisis-era executive.
Systemically important financial institution: A systemically important financial institution is one whose failure could threaten the wider financial system. JPMorgan Chase’s size subjects it to heightened oversight and public scrutiny.
William Harrison: William Harrison is an American banker who served as chief executive of JPMorgan Chase before Jamie Dimon. Harrison selected Dimon as his successor at the bank.
Risk management: Risk management identifies, measures, and limits exposures that could cause financial loss. Dimon’s public reputation rests partly on the bank’s approach to managing risk.