Sunday, February 24, 2013

Dimon: Let’s put ‘London Whale’ on ice

Book a boat if you want to go Whale watching.  That’s the message Jamie Dimon hopes to deliver at JPMorgan Chase’s annual investor day in New York tomorrow, some nine months after the infamous “London Whale” blew a $6 billion hole in the bank’s balance sheet.

Dimon will stress that the nation’s biggest bank has been growing its business and taking market share in a bid to convince investors and analysts that there will be no further whale sightings.

JPMorgan, for instance, has boosted its private banker ranks to better cater to wealthy investors, adding some 650 bankers since 2008, people familiar with the matter told the Post….

Wait...wai...there's more at

No comments:

Post a Comment