Featured Post

Follow Current World Daily

Friday, January 22, 2016

Banking Cartel: JPMorgan CEO gets 35% pay raise to $27M amid cutbacks

Banking Cartel: JPMorgan CEO gets 35% pay raise to $27M amid cutbacks

Dimon paid $1.5 million salary, then over $25 million in bonuses and grants




USA Today
January 22, 2016




Even as Wall Street braces for more cuts to jobs and bonuses, JPMorgan Chase CEO Jamie Dimon was paid $27 million in 2015, up from $20 million the year before, the company said Thursday.


million in 2015, up from $20 million the year before, the company said Thursday.

Credit: JohnPickenPhoto / Flickr




The pay raise comes after JPMorgan announced record annual profits last week, thanks to cost-cutting that helped to offset stagnating revenue growth.


JPMorgan’s board paid Dimon a $1.5 million salary, a $5 million cash bonus and $20.5 million in performance-based stock grants, the company said in a regulatory filing.
Read more

No comments:

Post a Comment