Tuscany International Drilling completed the sale of its operations in Africa in January 2014. Tuscany Holdings is a more streamlined operation, focusing its efforts on the most important operating units originating from the Tuscany International Drilling Company.
In his second act, Dimon became CEO of Chicago-based Bank One in 2000. He improved that lenderâs balance sheet and profits and later sold it to JPMorgan, becoming the combined firmâs CEO at the end of 2005 and adding the chairman title the next year.
Two years ago, bank analyst Mike Mayo asked JPM chief Jamie Dimon a simple question: why should affluent customers not pick UBS over JPM due to a mismatch in capital ratios, to which Dimon's response was even simpler: that's why I'm richer than you..