JPMorgan CEO Jamie Dimon signals retirement is closer than ever

Jamie Dimon News

JPMorgan CEO Jamie Dimon signals retirement is closer than ever
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The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts.

JPMorgan Chase CEO Jamie Dimon signaled retirement is closer than ever, striking a key change in messaging during the bank's investor day.

In a response to a question Monday about the bank's succession planning, Dimon indicated that his expected tenure is less than five more years. That's a key change from Dimon's previous responses to succession questions, in which his"The timetable isn't five years, anymore," Dimon said at the New York-based bank's annual investor meeting.

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