The leader of America’s biggest bank wants to see schools doing more to bring students up to pace with the working world, instead of leaving it to businesses to bridge the gap. Jamie Dimon has long been an advocate of getting younger people into well-paid positions, and believes schools should be monitored on whether their […]
America’s public debt problem is no longer an issue which can be swept under the rug: Everyone from Wall Street veteran Jamie Dimon to Fed Chair Jerome Powell is sounding the alarm. But while some of the most influential figures in the economy are calling for an action plan, the government has continued to spend […]
JPMorgan Chase (NYSE: JPM) has been one of the best-performing bank stocks in recent memory. Over the past decade, shares have risen in value by 250%. Citigroup stock, by comparison, rose by just 27% over that time period. Many investors have gotten rich with JPMorgan stock and it’s a popular holding. CEO Jamie Dimon owns […]
Elon Musk and Jamie Dimon may be mending their nearly decade-long feud. Their strained relationship dates back to 2016, when JPM walked away from underwriting Tesla leases. Musk and Dimon recently talked on stage together at a JPMorgan summit. Elon Musk and Jamie Dimon seem to be putting a nearly ten-year feud behind them. The […]
Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon have not been on good terms in recent years, but that seems to be changing, according to the Wall Street Journal. Any improvement in their relationship could clear the way for the largest bank by market cap to do more business with billionaire Musk or his […]
When Jamie Dimon was backstage at a conference and heard a competitor crowing about taking on old JPMorgan branch leases and stealing the customers, he vowed it would never happen again. That’s why the CEO of America’s biggest bank, at one point, decided to personally rubber-stamp or veto every branch closure to ensure the institution […]
Jamie Dimon, CEO of JPMorgan ChaseAlex Brandon/AP “There could be hell to pay” if private credit markets wobble, Jamie Dimon said. He warned that there are bad actors in the industry, and they’ll likely be the source of any issues. “I don’t think it’s systemic, but I do expect there to be problems.” JPMorgan Chase […]
(Bloomberg) — Jamie Dimon said he expects problems to emerge in private credit and warned that “there could be hell to pay,” particularly as retail clients gain access to the booming asset class. Most Read from Bloomberg “Do you want to give access to retail clients on some of these less liquid products? Well the […]
The U.S. economy is the most powerful and formidable in the world—and lots can be done to improve it. While economists focus on inflation and interest rates and politicians consider options through the lens of an election year, there’s a worrying trend that needs reversing if we are to maintain U.S. dominance and continue enjoying […]
JPMorgan Chase CEO Jamie Dimon has bumped up his retirement plans, the longtime head of America’s largest bank said Monday. Dimon is one of the most well-known and closely listened to CEOs in the world. Over the course of his tenure at JPMorgan Chase, he’s become somewhat synonymous with the largest US bank by assets. […]
Jamie Dimon had some new things to say Monday about his own future plans, making it clear the CEO of JPMorgan Chase (JPM) now envisions a day when he will no longer run the largest US bank. His timetable is “not five years anymore,” Dimon said while speaking at his bank’s annual investor day in […]
Jamie Dimon had some new things to say Monday about his own future plans, making it clear the CEO of JPMorgan Chase (JPM) now envisions a day when he will no longer run the largest US bank. His timetable is “not five years anymore,” Dimon said while speaking at his bank’s annual investor day in […]