JPMorgan Might Dock Dimon's Bonus Over 'Whale' He will likely no longer be top-paid banking executive as a result By John Johnson, Newser Staff Posted Jan 12, 2013 6:42 AM CST Updated Jan 12, 2013 6:56 AM CST 9 comments Comments JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee last June. (AP Photo/Haraz N. Ghanbari, File) (Newser) – He probably won't win a lot of sympathy for this, but it looks like JPMorgan's Jamie Dimon is going to lose bragging rights of being the nation's highest-paid banking exec. The board is expected to dock Dimon's 2012 bonus because of the disastrous "London whale" trading mess that cost the bank more than $6 billion, reports the Wall Street Journal. Last year, Dimon got a $4.5 million cash bonus, along with stock and option awards that brought his total compensation to $23.1 million. A sizable bonus hit would make Wells Fargo's John Stumpf ($19.8 million) the new compensation king. The bank releases earnings and an internal report on the Whale next week.