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JPMorgan chief for Treasury role still uncertain

Speculation about Dimon's departure from America's largest bank rattles investors

Published Thu, Nov 17, 2016 · 09:50 PM

Washington

CONFLICTING information on whether JPMorgan Chase & Co chief executive Jamie Dimon could become US Treasury secretary as part of President-elect Donald Trump's Cabinet cast a cloud of uncertainty over the nation's largest bank on Wednesday.

Tweets from Fox Business News reporters on Wednesday were the latest indication that Mr Dimon was still in the running for the job. But initial word from anchor Maria Bartiromo that he would "get" the job was quickly knocked down.

JPMorgan spokesmen have declined to make any official comment about the idea of Mr Dimon joining the Trump administration since Nov 10, when reports first surfaced that he was a contender for Treasury secretary. Mr Dimon declined to comment through a represen…

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