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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ JPMorgan CEO Jamie Dimon gets hiked payment to US $ 31m after record year, Banking News & Top Stories

JPMorgan CEO Jamie Dimon gets hiked payment to US $ 31m after record year, Banking News & Top Stories



NEW YORK (BLOOMBERG) – JPMorgan Chase & Co awarded CEO Jamie Dimon US $ 31 million. Total compensation for his work in 2018, a 5.1 per cent. Bump after his bank published record gains.

Dimon's payment package included USD 24.5 million. Of limited shareholding to earnings, an annual base salary of $ 1.5 million. And a cash bonus of $ 5m, said the newbies bank on Thursday in a regulatory application.

JPMorgan notched the highest profits in US banking history by 2018 billion. USD, due to tax cuts, rising interest rates and growth in the company's credit card business. Dimon also oversees the lender's plans to expand its branch network to new states for the first time in more than a decade and the construction of a new Manhattan headquarters.

In January, Dimon said he is planning to be the top job of major US lenders for about five years. He has been running the company since the end of 2005 and is the last of a generation of CEOs who managed banks through the financial crisis.

It was the second largest pay package received by the 62-year-old billionaire banker since becoming CEO, who only requests his US $ 49.9 million. USD of reported compensation for 2007.

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