Business Maverick: JP Morgan’s Dimon Laments Income Inequality, Won’t Assail CEO Pay

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Business Maverick: JPMorgan’s Dimon Laments Income Inequality, Won’t Assail CEO Pay By Bloomberg

In an interview airing Sunday on CBS’s “60 Minutes,” Dimon said he is optimistic about the economy and admitted that his high-profile job made him a target of some criticism. But asked whether his compensation — about $31 million in— was too high, he said: “The board sets mine. I have nothing to do with it,” referring to the bank’s directors.

Pressed by Stahl, who suggested he could return some of his own pay as an example to other executives, Dimon said, “I could. Is that gonna to solve any of those problems?”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intu loses fifth of its market valueUK mall owner in R2bn wipe-out after issuing warning of slowing rental income growth
Source: BDliveSA - 🏆 12. / 63 Read more »