JAMIE DIMON
An American business executive who serves as JPMorgan Chase & Co.’s Chairman and Chief Executive Officer. When Chase acquired Bank One, America’s sixth largest bank, Dimon joined chase as its President in 2004, then became the company’s CEO in 2005. Two years after, he also served as Class A Director of New York Federal Reserve Bank for three years. Prior to Chase, he became the director of Yum! Brands and Chicago Clearing House Association and worked for several financial companies such as American Express, Commercial Credit Group, Primerica, Smith Barney, and Citigroup.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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Macroeconomics: Basic Concepts
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So You Want A Job in Financial Careers: A Guide
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