Jamie Dimon wins over investors to receive $20m

Jamie Fonzie Dimon

Jamie Dimon’s got his groove back.

The New York Post reports that the chief executive of JPMorgan Chase won over enough investors on Tuesday to get his $20m pay package for 2013 — one year after his bonus was slashed by half.

Dimon’s 74% raise comes after the bank paid $950m to end regulator scrutiny over the London Whale fiasco, whereby traders lost more than $6bn on the wrong end of a complex derivatives bet.

Shareholders cut Jamie’s 2012 bonus to a paltry $10m last year.

To access the complete New York Post article hit the link below:

Chase investors to Dimon: You deserve the $20 million

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