Jamie Dimon to Sell $141 Million Worth of JPMorgan Shares

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Source: CNBC
Jamie Dimon to Sell $141 Million Worth of JPMorgan Shares
Photo: CNBC
TL;DR Summary

JPMorgan Chase CEO Jamie Dimon plans to sell one million shares of the bank next year, sparking concerns about his potential retirement. Dimon, who has led the bank since 2005, has never sold shares before except for technical reasons. The move caused JPMorgan's stock to slip 2.5% in morning trading. However, a spokesperson for the bank stated that the sale was not related to succession planning and that Dimon has "no current plans" for another sale.

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