Dimon cedes chairman title at JPMorgan banking unit

October 04, 2013 at 12:49 PM
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After a tumultuous albeit profitable year, Jamie Dimon will have one less title surrounding his name. Dimon is no longer the chairman of the main banking unit at JPMorgan, but don't expect him to fade into obscurity. He is still debatably, the most powerful man on Wall Street.