You're watching...

Dimon Bracing for Possible Split of Chairman and CEO

Details

  • Description

    FBN's Charlie Gasparino on JPMorgan Chase CEO Jamie Dimon preparing for a possible split of the Chairman and CEO role.

  • Duration 2:45
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

My business senior correspondent Charlie Gasparino has some news on JPMorgan Chase -- joins us now on the telephone chat -- -- Well it's good -- is open you -- a lot of.

Advocates applauded his vote -- -- -- Erupted rose chairman ought to -- is CEO job but the question is what are dying without the -- to do the picking up that he.

What -- it -- here's what they're caliber Fox Business Network exclusively.

Sources close to -- they used to pair it with a topical split spec CEO and chair of jobs IG board.

But I'm still believes the -- all but two people together one -- one -- -- which -- substantially.

-- he's doing now is best for the company but from what I understand he's not an overly objected support it -- -- split out.

-- Prompted.

Investor advocate people like New York City comptroller John -- are so what happened if that does happen then we'll know there's now going to be go on the debate.

-- through the year.

I would just needed a guy they really weren't the former Exxon's CEO -- -- board -- could.

It is the outlook that virtually ordered -- would be that SharePoint -- that what was there.

Are we shall we got back you know they're basically an active discussion is -- -- -- Diamond believe that if this -- is split.

They have become the -- -- -- -- ego the management of the company will not -- really changed I think that's a pretty big deal.

You know this -- divers will be running the company.

But equally but you know you we -- at the chairman.

You know with the way this works is that the operational.

Stopped basically it's headed by any Dodd the chairman grow but someone that kind of a check it.

Balance obviously you know there's not -- -- correct quote that that's who we are right now you know Jamie got to come under a lot of pressure sought.

Some of the stuff from post from the cost control -- -- a lowering its rating -- Carl Levin and that committee hearing.

Recently -- the -- will be out go and then you have all these investor advocate the band at the entire estate investor.

These are the controllers people who -- public -- but OJ board.

You wouldn't bet they're demanding that this role between chairman -- broke -- up.

The initial ill people initially thought JD -- would do everything in his power not elaborate.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Is Qaeda is bracing for the possibility.

The top probably.

-- is that the possibility.

Of that breaking up and he believes that the company will be -- basically they're guys that time will tell Charlie thank you.

And.