JPMorgan CEO recalls his Citigroup firing: Shares meeting with mentor Sandy Weill

JPMorgan Chase CEO Jamie Dimon recently reflected on two of the most defining crises of his life and career during an appearance on The Master Investor Podcast. The first is his sudden firing from Citigroup in 1998 and, the second, a near-fatal heart emergency in 2020. The veteran Wall Street executive opened up about how a high-profile corporate setback reshaped his career path and how facing mortality left him at peace with his life and legacy.Jamie Dimon on unexpected Citigroup exitDimon recalled his 1998 termination as president of Citigroup as a turning point in his career. After playing a major role in building the financial giant alongside his mentor, Sandy Weill, Dimon was unexpectedly summoned to a meeting with Weill and co-CEO John Reed.“I was summoned to a meeting with Sandy Weill and John Reed and asked to resign due to organisational changes,” Dimon shared.