JPMorgan's 'Jamie Premium' to Be Tested as CEO Succession Looms
JPMorgan shares reflect a so-called "Jamie premium" of 10% to 15% that could evaporate when the longest-running chief of a major Wall Street bank decides to leave, according to estimates from four investors and three analysts. A 15% figure translates to almost $90 billion in market capitalization as of Friday's closing price.