Jamie Dimon Backs Jerome Powell Over Trump
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Reports have swirled that JPMorgan wants to buy a private credit firm, but "it's not high on my list," Dimon said.
In the first half of the year, JPMorgan's market value reached nearly $800 billion, more than the market values of its competitors Citigroup ( $168 billion ), Bank of America ( $344 billion ), and Wells Fargo ( $260 billion) combined. In the same period, the bank raked in $30 billion in profit.
Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence,
(Reuters) -JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight.
JPMorgan Chase Chief Executive Jamie Dimon, the most influential banker in the U.S., said in a statement Tuesday that the country’s economy “remained resilient” during the second quarter. “The finalization of tax reform and potential deregulation are positive for the economic outlook,
JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight.
JPMorgan Chase CEO Jamie Dimon slammed New York City mayoral candidate Zohran Mamdani as "more a Marxist than a socialist" and criticized Democrats for their DEI push.