JPMorgan Chase CEO Jamie Dimon will stay in his publish on the financial institution and has no plans to take a place inside the Trump administration, a supply accustomed to the matter informed CBS MoneyWatch Wednesday.
Regardless of hypothesis that he is likely to be within the operating to be appointed U.S. Treasury secretary, Dimon had beforehand dismissed the likelihood. In an earnings name final month, the chief government mentioned the possibilities of him taking a senior authorities position had been “virtually nil.”
The manager, who’s broadly considered America’s most outstanding banking trade CEO, additionally reaffirmed his intentions to stay on the helm of JPMorgan Chase for the foreseeable future.
“I intend to be doing what I do. And I virtually assure I will be doing this for a protracted time frame. Or at the very least till the board kicks me out,” he mentioned.
Dimon believes he’s finest geared up to serve the nation by remaining at JPMorgan, a supply accustomed to the matter added.
Dimon final month shot down rumors and even claims by now President-elect Donald Trump that the banking government had endorsed him for president.
“Jamie Dimon has not endorsed anybody. He has not endorsed a candidate,” Joe Evangelisti, a spokesperson for the New York-based financial institution informed CBS Information in an announcement on the time.
