JPMorgan Shouldn't Cut Dimon's Pay Over Loss, Harrison Says

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JPMorgan Shouldn’t Cut Dimon’s Pay Over Loss, Harrison Says

JPMorgan Shouldn’t Cut Dimon’s Pay Over Loss, Harrison Says

Bloomberg-

JPMorgan Chase & Co. (JPM) shouldn’t cut Chief Executive Officer Jamie Dimon’s pay over the bank’s $5.8 billion loss in its chief investment office, former CEO William Harrison said.

“I wouldn’t penalize him,” Harrison, 69, said today in an interview on Bloomberg Television with Stephanie Ruhle and Erik Schatzker. “That might be a controversial statement. I think Jamie is doing a great job.”

[BLOOMBERG]

image: AP

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