JPMorgan CEO Jamie Dimon hints at impending retirement.

• During JPMorgan Chase's investor day, CEO Jamie Dimon signaled that retirement is imminent, marking a significant shift in his messaging.
• The uncertainty surrounding Dimon's plans has led to ongoing speculation about succession timing at JPMorgan among the bank's investors and analysts.
• Dimon stated, "We're relocating individuals and are en route."

The days of Jamie Dimon as CEO of JPMorgan Chase are limited, although the exact timeframe is uncertain.

Dimon stated on Monday that his expected tenure as CEO of the bank is less than five years, which is a significant shift from his previous responses to succession questions. Previously, Dimon had indicated that retirement was always at least five years away.

Dimon stated at the annual investor meeting of the New York-based bank that the timetable is no longer five years.

The uncertainty surrounding Dimon's plans has led to ongoing speculation about succession timing at JPMorgan, a bank that Dimon has grown into one of the largest in the US over the past 20 years.

Dimon stated on Monday that he continues to possess the same level of energy he has always had in managing the large corporation.

JPMorgan's board will ultimately decide when Dimon moves on, and Dimon urged investors and analysts to evaluate potential successors.

In January, Marianne Lake, CEO of JPMorgan's consumer bank, and Jennifer Piepszak, who co-leads its commercial and investment bank, were appointed to their latest positions.

Dimon stated, "We're relocating individuals and are en route."

Despite stepping down as CEO, it's likely he will remain as the bank's chairman, JPMorgan has stated.

Shares of the bank dropped 3.6%.