Key Words Archives | Email alerts

Oct. 20, 2021, 10:42 a.m. EDT

Jamie Dimon humblebrags to JPMorgan staff: ‘I’m about to meet the queen but really want to be with you all’

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    JPMorgan Chase & Co. (JPM)
  • X
    BlackRock Inc. (BLK)
  • X
    Microsoft Corp. (MSFT)

or Cancel Already have a watchlist? Log In

By Barbara Kollmeyer

That’s JPMorgan /zigman2/quotes/205971034/composite JPM +1.50% Chief Executive Officer Jamie Dimon, apparently wooing a group of his wealth advisers on a conference call he took just before meeting Queen Elizabeth II at Windsor Castle late Tuesday, Bloomberg News reported , citing sources.

Dimon was part of a gathering of top business leaders getting the royal treatment at a Global Investment Summit hosted by the queen and family that was aimed at acquiring investments into the U.K.’s “green industries of the future.” BlackRock /zigman2/quotes/207946232/composite BLK +2.70% CEO Larry Fink, Microsoft /zigman2/quotes/207732364/composite MSFT +2.68% co-founder Bill Gates and Blackstone /zigman2/quotes/203156858/composite BX +3.42% co-founder Steve Schwarzman were reportedly among those in attendance along with Dimon.

Tempting “we are not amused” territory, Dimon snuck in the call to relay some good news to those wealth advisers — that they are getting better compensated due to a long-overdue revamp of the pay structure. “We are making [JPMorgan] the best place to build your practice and serve your clients for your whole career,” he reportedly said.

Incidentally, the Tuesday night shindig may have been the last for awhile for the 95-year-old monarch, who reluctantly agreed to accept medical advice and rest for a few days, canceling a planned Northern Ireland trip, Buckingham Palace said Wednesday .

There was no specifics on the decision, but a Reuters political correspondent said on Twitter that her step back wasn’t due to COVID, citing palace sources. He also noted that there had been “strict protocols in place” for the Tuesday gathering.

Europe’s COVID cases have been rising in recent weeks, chiefly due to surging U.K., Russian and Turkish cases.

Don’t miss: Putin calls for one-week work pause in Russia as COVID infections, deaths surge

Here’s one video of the queen making her rounds in the all-unmasked room:

/zigman2/quotes/205971034/composite
US : U.S.: NYSE
$ 162.57
+2.41 +1.50%
Volume: 9.85M
Dec. 7, 2021 4:00p
P/E Ratio
10.28
Dividend Yield
2.46%
Market Cap
$473.32 billion
Rev. per Employee
$492,730
loading...
/zigman2/quotes/207946232/composite
US : U.S.: NYSE
$ 920.92
+24.22 +2.70%
Volume: 616,189
Dec. 7, 2021 4:00p
P/E Ratio
24.49
Dividend Yield
1.79%
Market Cap
$136.22 billion
Rev. per Employee
$1.03M
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 334.92
+8.73 +2.68%
Volume: 31.02M
Dec. 7, 2021 4:00p
P/E Ratio
37.44
Dividend Yield
0.74%
Market Cap
$2449.03 billion
Rev. per Employee
$928,663
loading...
/zigman2/quotes/203156858/composite
US : U.S.: NYSE
$ 139.33
+4.61 +3.42%
Volume: 3.03M
Dec. 7, 2021 4:00p
P/E Ratio
19.13
Dividend Yield
2.56%
Market Cap
$161.42 billion
Rev. per Employee
$2.05M
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.