Dear Reader,
We hope all of you and yours around the world are staying home, safe, healthy and socially distanced.
# Our new page – The Coronavirus Spring – has some wonderful articles and many book recommendations. Thanks to everyone who has contributed!
Please consider sharing with us any special stories you have about displacement, odd or funny stories about how you are occupying your time or old banking stories you've delayed writing up for us because you were too busy doing other things. (Speaking of which, Sergei Boboshko sent us a wonderful story about the opening of Chase Manhattan Bank International in Moscow.) Please keep sending your book recommendations (and reasons for recommending).
Social distancing is the new norm, but not virtual social distancing! We hope you'll consider the CAA web platform as a way to reach out to others and keep from going stir crazy: Read previously published stories (mostly under "News" or "Life After Chase"), or write a new one for us.
Stay well, wash your hands and keep in touch (without touching)!
[Existing stories (including In Memoriams) that feature new comments or material are now indicated with a #.]
NEWS & EVENTS (PAST AND FUTURE)
NEW YORK, March 19 (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon's recovery from recent heart surgery is going well and the face of the U.S. banking industry could be back to work as soon as mid-April, a source said on Thursday.
Dimon has been closely involved in many of the bank's high-profile decisions during the past few weeks as the coronavirus pandemic roiled global markets, said the source, who requested anonymity because Dimon's plans have not been formalized.
Earlier this week, the U.S. bank was the first to announce it would suspend stock buybacks until June 30.
It also announced it would access funding from the Federal Reserve's so-called "discount window," and that it was closing 1,000 Chase branches to allow more staff to work from home and avoid the fast-spreading virus.
Dimon had emergency heart surgery on March 5 to repair a tear to his aorta.
The aorta is usually replaced with a synthetic tube, and recovery can generally take around seven to eight weeks.
Co-presidents and co-chief operating officers Daniel Pinto and Gordon Smith have been running operations while Dimon recovers, and both have spoken frequently with Dimon on conference calls throughout the past two weeks, the source said. (Reporting by Elizabeth Dilts Marshall; Editing by Tom Brown)
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