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AccessMyLibrary    Browse    C    Crain's New York Business    SEP-05    Lagging J.P. Morgan to outrun rivals in '06; Rebound seen from puny profits as merger costs ease; Dimon in the rough.(In the Markets)

Lagging J.P. Morgan to outrun rivals in '06; Rebound seen from puny profits as merger costs ease; Dimon in the rough.(In the Markets)

Publication: Crain's New York Business

Publication Date: 26-SEP-05
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COPYRIGHT 2005 Crain Communications, Inc.

Byline: Aaron Elstein

The aura surrounding J.P. Morgan Chase & Co. President Jamie Dimon has dimmed considerably this year. The share price of the bank he leads in all but title has slipped 13%, double the decline of his top rival and a former employer, Citigroup Inc.

That decline should come as no surprise, considering that earnings slumped 6% in the first half after factoring...

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