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

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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.


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.

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This article was posted: Friday, January 22, 2016 at 5:59 am





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