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JPMorgan's Dimon has throat cancer, to begin treatment shortly

Published on Jul 2, 2014 9:25 AM
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon arrives at the White House in Washington in this October 2, 2013 file photo. Dimon told the bank's employees and shareholders on July 1, 2014 that he has been diagnosed with curable throat cancer. -- PHOTO: REUTERS

NEW YORK (Reuters) - JPMorgan Chase & Co chief executive Jamie Dimon said he has been diagnosed with throat cancer but that the ailment is curable and he plans to remain actively involved in the business and continue to run the largest US bank.

In a memo to the bank's employees and shareholders on Tuesday, Dimon, 58, said the cancer was caught at an early stage and is confined to the original site and the adjacent lymph nodes on the right side of his neck.

He will undergo radiation and chemotherapy treatment that is expected to last about eight weeks. "I feel very good now and will let all of you know if my health situation changes," Dimon wrote in the memo."Importantly, there is no evidence of cancer elsewhere in my body."

The cancer was discovered after Dimon, who was not feeling well about two weeks ago, went to see doctors, a person familiar with the matter said. Dimon spent last week in intensive tests and visiting multiple doctors, the person said. Dimon was never a smoker.

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