Jamie Dimon Quit As Bank Unit Chairman After Urging From OCC: Report

The Real Reason Jamie Dimon Quit As Bank Unit Chairman
Jamie Dimon, chairman, president and chief executive officer of JPMorgan Chase & Co., listens during the Institute of International Finance Annual Membership Meeting in Washington, D.C., U.S., on Saturday, Oct. 12, 2013. The meeting will provide an overview and several perspectives on the macroeconomic environment as well as the prospects ahead for the global economy. Photographer: Pete Marovich/Bloomberg via Getty Images
Jamie Dimon, chairman, president and chief executive officer of JPMorgan Chase & Co., listens during the Institute of International Finance Annual Membership Meeting in Washington, D.C., U.S., on Saturday, Oct. 12, 2013. The meeting will provide an overview and several perspectives on the macroeconomic environment as well as the prospects ahead for the global economy. Photographer: Pete Marovich/Bloomberg via Getty Images

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon stepped down as chairman of the bank’s main operating subsidiary earlier this year because of a recommendation by the Office of the Comptroller of the Currency, according to two people with knowledge of the matter.

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