The bank's settlement, which includes $9.65 billion in cash and $7 billion in consumer relief, resolves civil investigations by government prosecutors.
A former Bank of America Corp. and Citigroup Inc. executive says women havent climbed Wall Streets corporate ranks after the 2008 credit crunch because men tend to hire people like themselves when facing a crisis.
While board members boosted Dimons pay from 2012, they kept it below levels from prior years after JPMorgan was beset by regulatory and criminal probes, agreeing to more than $23 billion in settlements in 2013.
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{
"author": {
"name": "Hugh Son Bloomberg",
"webUrl": "/author/profile/hugh-son-bloomberg/",
"description": "",
"imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
"estimate": 3,
"social": [],
"articles": [
{
"uri": "/2014/08/21/bofa-to-pay-16-7-billion-to-end-mortgage-probes/",
"title": "BofA to pay $16.7 billion to end mortgage probes",
"byline": " Tom Schoenberg, Hugh Son, Bloomberg, and David McLaughlin ",
"kicker": "",
"prettyDate": "August 21, 2014",
"timeToRead": "5 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/tom-schoenberg-hugh-son-bloomberg/",
"name": "Tom Schoenberg, Hugh Son, Bloomberg,"
},
{
"webUrl": "/author/profile/david-mclaughlin/",
"name": "David McLaughlin"
}
],
"kickerNode": [],
"summary": "The bank's settlement, which includes $9.65 billion in cash and $7 billion in consumer relief, resolves civil investigations by government prosecutors.",
"body": null
},
{
"uri": "/2014/02/12/women-on-wall-street-have-gone-backwards/",
"title": "Women on Wall Street have ‘gone backwards’",
"byline": "Hugh Son, Bloomberg",
"kicker": "",
"prettyDate": "February 12, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/hugh-son-bloomberg/",
"name": "Hugh Son, Bloomberg"
}
],
"kickerNode": [],
"summary": "A former Bank of America Corp. and Citigroup Inc. executive says women havent climbed Wall Streets corporate ranks after the 2008 credit crunch because men tend to hire people like themselves when facing a crisis.",
"body": null
},
{
"uri": "/2014/01/24/jpmorgan-ceo-nets-huge-pay-raise/",
"title": "JPMorgan CEO nets huge pay raise",
"byline": "Michael J. Moore, Bloomberg, Hugh Son, Bloomberg",
"kicker": "",
"prettyDate": "January 24, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/michael-j-moore-bloomberg-hugh-son-bloomberg/",
"name": "Michael J. Moore, Bloomberg, Hugh Son, Bloomberg"
}
],
"kickerNode": [],
"summary": "While board members boosted Dimons pay from 2012, they kept it below levels from prior years after JPMorgan was beset by regulatory and criminal probes, agreeing to more than $23 billion in settlements in 2013.",
"body": null
}
]
}
}