Sep
20

Buffett’s Investing Deputy Combs Named to JPMorgan’s Board

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  • Combs has been adding duties, got credit for Precision deal
  • JPMorgan CEO Dimon credits Combs for wisdom, judgment

Berkshire Hathaway Inc.’s Todd Combs has been named to the board of JPMorgan Chase & Co., helping him build expertise beyond investment management and expanding the ties of Warren Buffett’s conglomerate to the banking industry.

Combs’s appointment was effective Monday, New York-based JPMorgan said in a statement Tuesday. Buffett’s Berkshire is one of the top investors in JPMorgan competitors such as American Express Co. and Bank of America Corp., and U.S. regulators are weighing whether his 10 percent stake in Wells Fargo & Co. violates rules meant to limit the power of insiders…

Buffett’s Investing Deputy Combs Named to JPMorgan’s Board

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