Dimon Wins Big Pay Hike Despite JPMorgan's Jumbo Fines

Dimon Wins Big Pay Hike Despite JPMorgan's Jumbo Fines

Via AFP:

JPMorgan Chase head Jamie Dimon's pay nearly doubled to $20 million for 2013 despite the bank being forced to pay out billions to resolve legal and regulatory cases arising under his tenure.

According to a filing Friday, JPMorgan said that Dimon would receive a 2013 bonus of $18.5 million worth of restricted stock to be vested over the next three years, "tying Mr. Dimon's 2013 compensation to the company's future performance, including continued progress on the company's regulatory agenda."

The base salary for Dimon, JPMorgan's chairman and chief executive, was $1.5 million, unchanged...

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