Jamie Dimon

Jamie Dimon says he still sees a recession on the horizon
Key Points JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the economy are around 35% to 40%, making recession the most likely scenario in his mind. When asked by CNBC’s Leslie Picker if he had changed his view from earlier this year that markets were […]
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JPMorgan Chase is opening more small-town branches in middle America
Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reaching more Americans in smaller cities and towns. JPMorgan recently announced a new goal within its multibillion-dollar branch expansion plan that ensures coverage is within an “accessible drive time” […]
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Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence
Key Points The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend. JPMorgan Chase CEO Jamie Dimon told employees Sunday that he and his management team were “deeply saddened by the political violence.” Goldman Sachs CEO David […]
Read MoreJPMorgan’s Jamie Dimon warns inflation and interest costs may possibly keep larger
In this article JPM Stick to your beloved stocksMake No cost ACCOUNT Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the Entire world Economic Forum Once-a-year Conference in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon on Friday issued a further warning […]
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JPMorgan and Morgan Stanley enhance buybacks and dividends, even though Citigroup and BofA get more compact techniques
Important Points JPMorgan claimed it was increasing its quarterly dividend 8.7% to $1.25 for every share and that it approved a new $30 billion share repurchase plan. Morgan Stanley mentioned it was boosting its dividend 8.8% to 92.5 cents per share and authorized a $20 billion repurchase system. Citigroup said it was boosting its dividend […]
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Sen. Warren warns Powell from weakening banking restrictions: ‘Do your job’
Crucial Details Sen. Elizabeth Warren is accusing Fed Chair Jerome Powell of undertaking the economic industry’s bidding in taking into consideration adjustments to Basel III Endgame laws. In a letter very first acquired by CNBC, Warren questioned Powell for a response to experiences that “you are advocating for slashing in 50 percent” the increase in […]
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