Dimon seeks to sell JPMorgan investors on $2bn-a-week costs bill
Longtime bank chief executive will present spending plans at slimmed-down investor presentation on Monday
Related reading
JPMorgan shares slide as bank says expenses will jump $9bn in 2026
Rising costs in consumer unit are a ‘big part’ of overall increase in spending
Jamie Dimon warns private credit losses will be larger than feared
JPMorgan chief raises alarm on weakening lending standards in annual shareholder letter
JPMorgan boosts Dimon’s pay to record $43mn
Long-serving chief executive of largest US bank paid $1.5mn in base salary and $41.5mn bonus
JPMorgan Chase’s profits fall 7% as investment bank fees disappoint
US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio
JPMorgan warns First Brands fallout driving up banks’ funding costs
Concerns mount about hidden exposure to private capital firms and hedge funds in wake of credit market wobbles
JPMorgan should ‘threaten’ UK over banker tax, Mandelson told Epstein
Then business secretary advised sex offender on how Jamie Dimon should lobby chancellor in 2009