Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. – sell shares in the company.
Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. – sell shares in the company.
The top executive of the nation’s largest bank will sell 1 million shares starting next year, according to a regulatory filing this week.
JPMorgan sought to reassure investors that the stock sale is not a matter of concern.
“Mr. Dimon continues to believe the company’s prospects are very strong and his stake in the company will remain very significant,” the filing said.
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USA — Financial Ticker: JPMorgan CEO Jamie Dimon selling shares; Wall Street falls Friday