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| Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co., speaks during an interview with Reuters in Miami, Florida on Feb. 8. Reuters-Yonhap |
By Anna J. Park
Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., is slated to visit Korea early next month, drawing market attention as to what the most powerful banker in the world might do during his visit.
According to the investment banking industry and media reports, Dimon's itinerary in Korea is expected to start on around June 5 and be short.
During the visit, Dimon is expected to meet heads of major financial groups and key institutional investors, to discuss market outlooks of the region and mutual investment projects. JPMorgan has maintained strong networks with the National Pension Service (NPS), one of the world's largest institutional investors, and the Korea Investment Corporation (KIC), the country's sovereign wealth fund.
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| Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co., left, shakes hands with President Yoon Suk Yeol at the World Economic Forum in Switzerland on Jan. 18. Newsis |
Market attention is also focused on whether Dimon will meet President Yoon Suk Yeol during this visit. When the two leaders met each other in January during this year's World Economic Forum in Switzerland, Yoon told Dimon to visit him anytime, stressing that he is a representative sales person of Korea, and that the Korean market is fully open for further investment.
Dimon also told Yoon that he's been doing business with Korea for a long time, adding that it is a country of greater possibility.
Dimon is often referred to as "the King of Wall Street," as he's been leading JPMorgan Chase, the largest bank of the world by market capitalization, for nearly two decades, since he took the helm in 2006.
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