JPMorgan Chase boosted longtime chief executive Jamie Dimon’s pay 8 per cent to $39mn last year, his largest remuneration at the US bank.
The pay rise for Dimon, the longest serving CEO among the biggest US banks, was roughly double the bump he received in 2023.
JPMorgan notched up record annual profits last year, with the New York-based group’s trading and investment banking units posting a blockbuster performance in the fourth quarter. Shares of the bank rose 41 per cent last year, in line with other large lenders.
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