Bloomberg Businessweek

Season Finale! The Jamie & Lloyd SHOW

The bosses at JPMorgan and Goldman Sachs have laid out their succession plans. One man looks like he’ll be around longer than the other

In another universe, they might have starred in an odd-couple comedy about a pair of New Yorkers who rise to fame and fortune: Jamie Dimon, the voluble, sometimes ill-tempered alpha male from Queens; Lloyd Blankfein, shorter and bald, the wisecracking sidekick from Brooklyn. Now the men atop the world’s two preeminent banks—Dimon at JPMorgan Chase & Co., Blankfein at Goldman Sachs Group Inc.—have announced plans for an orderly handoff. It’s part of a wider succession moment sweeping through finance a decade after the financial crisis, as men in their 60s and 70s prepare their companies for the next

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