JPMorgan Chase & Co. is paying Chief Executive Jamie Dimon $34.5 million for a record-breaking 2021, $3 million more than he made in the previous two years. The nation’s biggest bank reported $48.3 billion in net income last year, a 66% increase from the prior year and a third more than the old record. The stock rose 25%, but underperformed the S&P 500 and the KBW Nasdaq Bank Index.

Source: Wall Street Journal January 20, 2022 23:52 UTC