As the head of JP Morgan, America's largest bank, Jamie Dimon has conquered all before him for the best part of two decades. This time round competition rules should have barred JP Morgan from buying First Republic. He went on to rebuke critics concerned about JP Morgan becoming too big and powerful. By 2004 it had been bought by JP Morgan Chase and a year later Dimon was named chief executive of the combined business. JP Morgan was one of the few banks to prosper during the last financial crisis, but not everything Dimon has touched since has turned to gold.

Source: Daily Mail May 07, 2023 08:58 UTC