Noel Quinn-cover-780
January
JPMorgan chief executive Jamie Dimon denies that he signed a contract to become head of Adam Neumann’s family office only days before the implosion of WeWork in late 2019.
“I was just playing him along with a series of massive unsecured loans, safe in the knowledge that SoftBank would bail him out if the WeWork IPO tanked. And we would still get some fees anyway,” says Dimon. “It’s true that Adam called me his personal banker and I had to go to a few hot yoga sessions in the Hamptons with him and his wife’s cousin, Gwyneth Paltrow, but what can you do? I can tell you I look a lot better in Lycra than David Solomon, that’s for sure.
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