Jamie Dimon Just Made $4.2 Billion For JP Morgan Shareholders

Jamie Dimon just wrapped up his appearance before the Senate Banking Committee.

Earlier, we noted that the stock was rallying while he was on.

Currently, the stock is up 3.3 per cent or $1.12 per share.  With 3.81 billion shares outstanding, that a market cap gain of $4.26 billion.

This is as the stock market trades flat.


Photo: Google Finance

Jamie Dimon, CEO of JP Morgan has just begun his testimony to the Senate Banking Committee.

Shares of JPM are up almost 3 per cent, while the rest of the stock market is up just modestly.

That’s not nothing.


Photo: Google Finance

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.