Jamie Dimon Is Now the Highest-Paid Bank CEO in America


After deciding two years was enough time to placate the Feds, JPMorgan has resumed paying cash bonuses. Between a $5 million bonus and a boost in restricted stock payout, the bank’s proxy statements reveal that Dimon got a 51 percent raise to $23 million last year — making him the highest-paid CEO of the top six banks for 2010 and the highest paid U.S. bank CEO since 2007. Remember when regulators and lawmakers pressured bankers to curb their compensation? Yeah, JPMorgan doesn’t either. [Bloomberg]