(CNN) - Despite paying billions of dollars in fines and settlements, JPMorgan Chase boss Jamie Dimon is expected to get a raise.
The New York Times reports that the bank's board has approved the increase for 2013. There's no word on the amount.
Dimon had his 2012 pay slashed by about half to $11.5 million after JPMorgan suffered estimated trading loss of nearly $6 billion dollars.
Before the bank's troubles over the past two years, Dimon had been the top paid bank chief executive officer in 2011.
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