According to Bloomberg, an unnamed banker at First Republic earned more than J.P. Morgan CEO Jamie Dimon last year.
This year? Probably not so much...
We once thought JP Morgan was happy to agree to take on the carcass of First Republic Bank because it could get billions in deposits and assets for pennies on the dollar. Now, after learning that one unnamed executive at FRC was actually earning more than Jamie Dimon, we are left to wonder to ourselves if Dimon is even happier to ...