J.P. Morgan has been called a training school for CEOs as Jamie Dimon's deputies have gone on to lead tech vendors or European banks.
Scharf was a senior at Johns Hopkins University when Dimon hired him at Baltimore lender Commercial Credit. That move proved pivotal for Scharf: he quickly became Dimon's right hand man and followed him for the next 25 years in a series of roles at institutions that reshaped the U.S. banking landscape.of NYU Stern's business school. "That helped me mature in business faster."J.P.
Scharf himself was part of that trend, leaving J.P. Morgan in 2012 to become CEO of credit-card network Visa. He reportedly tired of commuting from New York to San Francisco for that job, and later became CEO of custodian firm Bank of New York Mellon in 2017.climbed 4.2% by around noon Friday.
He gave few other clues as to his approach, but added that, like when he joined Visa and Bank of New York Mellon, he was eager to meet his organization. Ultimately, Scharf may decide to appoint his own direct reports in key roles like chief financial officer, as is typical when a new CEO is named.
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