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Foreign Exchange Rates
Sunday, 28 June 2015
WHO'S THE BEST CEO IN BANKING? HINT: IT'S NOT JAMIE DIMON
Bankers aren’t a modest bunch. To help them determine who really has bragging rights as the industry’s top dog, we crunched the numbers. (Hint: It’s not Jamie Dimon.)
To start, we narrowed the field to the leaders of the 16 biggest¹ global banks. Because this is a test of managerial prowess, we excluded firms owned or controlled by governments and those whose CEOs have been in charge less than three years. Then we plugged their names into everybody’s favorite equalizer: a tournament bracket.
In the first round, the CEOs competed on the most-watched measure of profitability: return on equity.