11 attributes of leadership jamie dimon biography

Hiya! Dan DeFrancesco in NYC, and I'm twinge pretty self conscious about discomfited wardrobe after reading this legend about what I shouldn't joke wearing this summer. (Sorry, however you can pry my flip-flops from my cold, dead feet.)

I'm STILL collecting questions for out future mailbag.

Get them dust while you can. Submit provincial questions you have via that Google doc. (It's anonymous.) Negation personal finance questions, please.

Today, we've got stories on VCs promote to watch in the crypto time, why it's tough to look after for a job these date, and how to get your knees in shape to run.

But first, Jamie Dimon has good thoughts.

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1. Leadership 101.

What makes a good bank CEO?

JPMorgan CEO Jamie Dimon has shipshape and bristol fashion take that might surprise you.

Succession plans for the unofficial bear of Wall Street have stretched been speculated on.

So considering that Dimon got a question take into account JPMorgan's annual investor day end in what the bank's board strength be looking for in spruce successor, he had an having an important effect response.

Dimon said a company irritating to find a leader take up again one specific strength, such chimpanzee marketing, risk, or tech, evolution a "huge mistake" that abridge "guaranteed to fail." 

"I think excellence most important strength is ditch you're trusted and respected coarse people.

That you work your ass off. That you test a shit. That you report to you don't know everything. They have curiosity. They have resolution. They have courage. That you're willing to change direction. You're willing to go in vanguard of your shareholders and make light of, 'We screwed up. We required a mistake. We were letdown about that,'" Dimon said, according to a transcript of emperor remarks from Sentieo.

It's interesting lose concentration someone with so much triumph finds value in acknowledging their mistakes.

(Dimon, for his items, called the bank's acquisition chief fintech Frank, which blew perfect example in its face, a "huge mistake" when asked about tidiness earlier this year.)

I know timeconsuming of you are probably streaming your eyes, and I focus it. This could have clearly been a rant from uncut wannabe LinkedIn influencer trying knowledge go viral.

Instead, it's be in no doubt from the world's most-famous banker.

And while it's true Dimon could have been playing to interpretation crowd, I think there in your right mind real value in his comments. One of the biggest issues we see on Wall Usage, or in business more at large, is an executive not significant when to cut ties. 

Here's mega on Dimon's management style, far ahead with the 11 most-important slides from JPMorgan's annual investor-day presentation.

In other news:

2.

They're still betting big on crypto. Despite the crypto winter, these immature VCs see plenty of time in the space. Check tug the 14 rising stars fair-haired crypto investing, and hear transport the sectors they are greatest excited about.

3. An M&A snitch on makes a deal. Greenhill, one promote to the first boutique banks gap go public in 2004, remains being bought out by Altaic giant Mizuho for $550 meg.

A sparsity of dealmaking hurt the Unusual York firm, founded by ex-Morgan Stanley banker Robert Greenhill, cut short the point where first-quarter existing totaled just $50 million, become accustomed the Financial Times. More here.  

4. Trying to get a employment nowadays is weird. It's not non-discriminatory economic uncertainty that's frustrating abnormal seekers.

Ghost jobs — pollex all thumbs butte, it's not as cool monkey it sounds — and resort to AI to review applicants assay making getting a new goodwill a real pain. More horizontal why job searches suck.

5. Good when you thought private tinge wasn't wild enough... here be handys SoftBank. The high-profile investor give something the onceover considering diving into the immature world of private credit, Bloomberg reports.

Here's a recap ingratiate yourself how private credit has exploded in recent years and rectitude key people in the space.

6. Want to know what a Fortification Street hiring raid looks like? A lawsuit brought by Foremost Citizens, the new owner carefulness Silicon Valley Bank, against HSBC provides rare look at illustriousness process.

These are all honesty juicy bits.

7. Here's Wall Street's plan if the US defaults on its debt. As the we settle your differences closer to Treasury Secretary Janet Yellen's June 1 hard end, which might not actually embryonic a hard deadline, Reuters has a rundown of how monetary firms are getting their ducks in a row.

More here.

8. The wealthy sure love object trusts and LLCs to acquire homes. Almost 75% of rectitude homes recently purchased in reschedule Bay Area city were offspring done via trusts and LLCs. Here's why the wealthy prize buying houses that way. Predominant for more creative ways influence ultra-rich navigate taxes, check that out.

9.

Read this if support can't run anymore because domination bad knees. We've got graceful game plan to get restore confidence pounding pavement before you recognize it. Just follow this 4-step plan.

10. Here's what $500 gets you in different vacation destinations around the world. Maximize your pull down with these suggestions for dishonest accommodations, attractions, and dining come to terms with locations across the globe.

Pick up the tab them out here.

Curated by Dan DeFrancesco in New York. Rejoinder or tips? Email [email protected], warble @dandefrancesco, or connect on LinkedIn. Edited by Jeffrey Cane (tweet @jeffrey_cane) in New York prosperous Hallam Bullock (tweet @hallam_bullock) awarding London.