J.P. Morgan's Jamie Dimon urged U.S. political leaders on Tuesday to work together in order to sustain business and consumer confidence.
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Watch JP Morgan Chase CEO Jamie Dimon speak at the Economic Club of New YorkJ.P. Morgan Chase CEO Jamie Dimon is slated to speak at the Economic Club of New York. Dimon's comments come two days after the banking titan reported disappointing quarterly earnings for the first time in 15 quarters. Choppy market action led to muted trading revenue for J.P. Morgan last quarter.
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Jamie Dimon just issued a stark warning to shadow banks saddled with billions in leveraged loansThe firms that lurk outside the traditional banking system, known as shadow banks, are first in line for pain when the leveraged lending cycle eventually turns.
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Jamie Dimon and David Solomon recently had private meetings with Wall Street critic Maxine WatersDimon and Solomon gave Waters their perspectives on a wide range of topics, including where they stand on the economy, and left the door open to a continued dialogue, these people said on the condition of anonymity.
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Jamie Dimon says a hard Brexit would be a 'disaster' for the UKJ.P. Morgan Chase CEO Jamie Dimon said Wednesday it would be in the United Kingdom's best interest to avoid a hard exit from the European Union.
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Jamie Dimon puts America and himself firstJPMorgan’s CEO said last year he wanted the U.S. tax cuts “shared broadly.” And he followed through, boosting low-paid workers’ wages and opening branches in poorer areas while also growing the bank’s earnings. But taking a $1.5 mln pay hike himself is unnecessary and tin-eared.
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Jamie Dimon says shutdown could reduce economic growth to zero this quarter if it continuesThe ongoing government shutdown is bad for the economy, according to JP Morgan CEO Jamie Dimon. 'Someone estimated that if it goes on for the whole quarter, it can reduce growth to zero.'
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Jamie Dimon says the stock market overreacted, no recession aheadDimon said that stock declines in December and the halting by banks of high-yield debt issuance that month were unwarranted.
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