JPMorgan Chase announced that its longtime chief executive, Jamie Dimon, will receive a total compensation package of $43 million for 2025. This represents a roughly 10% increase over his 2024 pay of $39 million. The increase reflects strong performance across the bank’s core businesses, including consumer and commercial banking, wealth management, and the firm’s markets division. JPMorgan reported record revenues of more than $150 billion in 2024, and return on equity exceeded 17% under Dimon’s leadership, bolstering the board’s decision to reward the CEO with an enhanced package that includes salary, bonus and long-term equity awards.

Former President Donald Trump filed a civil suit in Miami-Dade County seeking at least $5 billion in damages, claiming JPMorgan Chase and Jamie Dimon unlawfully closed accounts held by Trump and several of his hospitality entities after January 6, 2021. The complaint alleges that the bank’s actions were driven by political and social motivations and caused significant financial and reputational harm. JPMorgan has stated it will vigorously defend itself, maintaining that account closures occurred only to mitigate legal and regulatory risk under anti-money laundering and financial crime rules. The bank emphasized that it does not terminate customer relationships for political or religious reasons and has lobbied for regulatory reforms to prevent ‘‘weaponization’’ of the banking sector.