Yesterday, Jamie Dimon revealed JP Morgan Chase's plans to expand into Florida -- one of the most troubled economies around..
Chase, primarily a NY-based bank, already gained a significant presence in Florida after it acquired WaMu in September 2008.
Now Chase will open 20 to 30 new branches in Florida beginning in 2011, with some projects beginning sooner, according to The Miami Herald.
JPMorgan Chase & Co's (JPM.N) Chief Executive Jamie Dimon acquired shares in the bank worth about $10.1 million after exercising expiring options, according to a... Read Post
How much of a basket-case was WaMu? Jamie Dimon says defaults on its credit card portfolio may hit 24% this year. Defaults on JP Morgan's own portfolio, meanwhile, are climbing toward 10%. FT: Jamie Dimon, JPMorgan Chase chief exe... Read Post
In anticipation of Veterans Day on Thursday, Jamie Dimon sent a message to all of JPMorgan's US employees this morning. The bank is planning on expanding its flock of ex-military men and women, he writes. Here's the memo: This month... Read Post