Rank: 16 (Previous rank: 12)
Compare tool: J.P. Morgan Chase & Co. vs. Top 10
CEO: James Dimon
Address: 270 Park Ave.
New York, NY 10017
It's not often that CEOs get lauded for an annual profit decline of 64%. But Jamie Dimon of J.P. Morgan Chase & Co. has come out of the banking collapse as one of the strongest players in the industry.
He snapped up Bear Stearns for $1.5 billion in March, followed by Washington Mutual for $1.9 billion in September, and now JPM is one of the only big banks that isn't flirting with full-scale nationalization. That said, the company cut its dividend by 87% in February, which it said would save $5 billion per year. - J.R.
Industry: Commercial Banks
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