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For Jamie Dimon, retirement from JP Morgan is always five years away

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Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019.

Adam Galica | CNBC

For years, Jamie Dimon had a running joke: Ask him when he was going to step down from J.P. Morgan Chase, and the answer was always five years in the future, no matter when the question was asked.

But two years ago, Dimon said in a press release that he would continue as CEO “for approximately five more years” as the bank appointed a pair of co-presidents who could step in for him if needed.

Fast forward to now: Dimon appeared uncommitted to that timing when CNBC asked him about it in a Tuesday media call.

“My statement stays the same, it’s five years,” Dimon said. “When…



Source cnbc.com

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