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Nov. 7 (Bloomberg) -- If Jamie Dimon ever needs fatherly advice, he can turn to his newest employee: Dad.
Theodore “Ted” Dimon, the 78-year-old father of JPMorgan Chase & Co.’s chief executive officer, quit Bank of America Corp.’s Merrill Lynch unit yesterday to join his son’s firm [...].
The elder Dimon and his five-member broker team will join Bear Stearns Private Client Services, a unit acquired by his son in the March 2008 takeover of the failed investment bank. He will report to Michael Lee, head of the unit’s New York office.