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JPMorgan Chase (NYSE: JPM) CEO Dimon Receives Pay Raise of Over 50%

JPMorgan Chase (JPM) announced in regulatory documents that it increased the 2010 compensation package for CEO Jamie Dimon by more than 50%. As reported by Zacks, Mr. Dimon’s total compensation for 2010 came in at $23 million. That compares to a package totaling $15.2 million in 2009. After adjustments per SEC guidelines that only allow […]
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Citigroup (NYSE: C) Finding a Line of Buyers for CitiFinancial Unit

As part of an ongoing effort to restructure its business operations, Citigroup (C) has put CitiFinancial, its consumer finance unit, up for sale. And according to a report by Bloomberg, there is no shortage of potential buyers.   The list of prospective companies is headlined by the Spanish bank – Banco Santander SA (STD). BlackRock […]
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