October 20, 2021

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Businesss Like Heaven

Jamie Dimon expects the bank to include far more positions in Columbus

Back again in 2004, when JPMorgan Chase & Co. bought Financial institution A person, Columbus leaders feared the worst: That the deal would mean a reduction of positions for the location.

As an alternative the reverse happened, and now the bank’s chairman and CEO thinks Columbus is on monitor to one working day surpass the 25,000 workers at its headquarters in New York Town.

“We have pretty much 20,000 employees below. It will probably be larger than our personnel in New York in the subsequent five or 10 yrs,’’ Jamie Dimon instructed The Dispatch in a broad-ranging job interview in Columbus this week.

The bank currently has about 18,000 staff in the area, about half of them at the significant McCoy Middle at Polaris. It has other places of work in Westerville and Columbus.

Columbus dropped the Lender A person headquarters when Lender A single acquired 1st Chicago in 1998 and moved the headquarters there. Chase then acquired Lender One in 2004.

“Columbus was nonetheless angry about it,” Dimon mentioned.

But as Dimon informed Columbus workers at a town hall at the McCoy Middle on Tuesday, “Glimpse if we do a great occupation, we’re likely to do a excellent position in Columbus. Columbus has been a wonderful dwelling.”