Bank CEOs Jamie Dimon, David Solomon are cautious on the economy. Here’s why.

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  Goldman Sachs hands chief David Solomon $80mn retention award

  Wall Street executive’s 2024 salary also boosted by 26% to $39mn
  
  Financial Times - 5h

• U.S. economy poised to lead the global pack in 2025, IMF says. Here’s why.

  The U.S. economy has separated itself from the global pack — and its lead could widen in the new year.
  
  MarketWatch - 5h

• JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive

  Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
  
  CNBC - 1d
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  Who Will Succeed Jamie Dimon? Contenders Narrow After JPMorgan Names Jennifer Piepszak as C.O.O.

  Jennifer Piepszak will become chief operating officer of JPMorgan, and said she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.
  
  The New York Times - 2d

• Goldman’s Solomon says US economy in a ‘fragile place’

  Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges caution
  
  Financial Times - 3d
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  JPMorgan reshuffles Jamie Dimon’s top lieutenants

  Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chief
  
  Financial Times - 3d

• Jamie Dimon on the economy, billionaires, and income inequality

  The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...
  
  CBS News - 5d

• Extended interview: Jamie Dimon

  What does it mean for the U.S. economy to be the envy of the world? Jamie Dimon, the chairman and CEO of JPMorganChase, the largest bank in America, talks with "60 Minutes" correspondent Lesley ...
  
  CBS News - 5d

• Jamie Dimon on the economy

  As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...
  
  CBS News - 5d

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• Bond funds are offering a ‘double whammy’ for investors

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  MarketWatch - 47m

• With XRP near highs ahead of Trump inauguration, can bitcoin crack a new record?

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More in Business

• Vanguard to pay more than $100 million by SEC over violations involving target date retirement funds

  The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.
  
  CNBC - 5m
• 

  RFK Jr. Sought to Stop Covid Vaccinations 6 Months After Rollout

  Robert F. Kennedy Jr. petitioned the F.D.A. to revoke authorization of the shots at a time when they were in high demand and considered life-saving.
  
  The New York Times - 10m
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  Bluesky’s Bot Problem Is a Byproduct of Its Success. Users Are Not Amused.

  There’s a reported uptick in bots spamming the hot new social platform, throwing a wrench in its plans to compete with X and Threads.
  
  Inc. - 12m
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  Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

  An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.
  
  The New York Times - 14m

• Sam Altman posts letter from senators concerned about OpenAI efforts to 'cozy up' to Trump

  On his X account, Sam Altman posted a letter signed by Democratic senators concerned about the ways tech companies appear to be bending to Trump's wishes.
  
  CNBC - 14m