Dimon and his family intend to sell 1 million of their 8.6 million shares, the bank had said in a filing last October. Dimon, one of the longest serving chief executives on Wall Street, has sold off 821,778 shares of the bank so far. The bank has a market capitalization of more than $527 billion, according to LSEG data.

Related Keywords

New York , United States , Nupur Anand , Jamie Dimon , Chris Reese , Jonathan Stempel , First Republic Bank , Reuters , Wall Street , Jamie Freed , Pmorgan Chase , Ec Filing , Chief Executives ,