JPMorgan Chase CEO Jamie Dimon said Wall Street bankers, regardless of whom they voted for, are “dancing in the street” over President-elect Donald Trump’s win as they anticipate he will loosen stringent regulations across the industry. “A lot of bankers, they’re like dancing in the street because they’ve had successive years and years of regulations, … Read more
Jamie Dimon, the CEO of JPMorgan Chase, is widely respected for his disciplined approach to staying informed, a key factor in his effective leadership. In an interview, Dimon provided insight into his morning routine, revealing the precise order in which he reads newspapers each day. For Dimon, this structured approach to news consumption is more … Read more
If you noticed, some of the biggest names in finance are starting to run away from their initial support of Kamala Harris. It’s not that they’ve seen the light and are ready to embrace Donald Trump’s MAGA agenda. Rather they’ve seen the poll numbers (they pay up for the real ones the public isn’t privy … Read more
U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024. Mandel Ngan | AFP | Getty Images The Federal Reserve’s move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to Goldman Sachs Chief Financial Officer Denis Coleman. … Read more
Jamie Dimon fashions himself the “least woke person you will ever meet,” his colleagues say. Unlike so many other CEOs, the JPMorgan boss will tell anyone who listens he is immune from the woke proselytizing from advocacy groups like the Human Rights Campaign, stuff that is forcing much of corporate America to cave to the … Read more
Billionaire banking executive Jamie Dimon is supporting the Buffett Rule – a policy of increasing taxes on millionaires to reduce the national debt. The CEO of JPMorgan Chase said he supports the idea that would impose a minimum tax rate of 30 percent on individuals earning over a million dollars annually. This comes as the … Read more
Swiss banking giant UBS on Wednesday smashed net profit expectations for the second quarter, amid cost-cutting steps and swelling revenue at the lender’s global wealth management and investment bank units. Net profit attributable to shareholders came in at $1.136 billion for the period, versus a company-compiled consensus forecast of $528 million. Profit was nonetheless lower … Read more
JPMorgan Chase CEO Jamie Dimon is asking current presidential candidates to unite the U.S. in a new op-ed, without officially endorsing Donald Trump or Kamala Harris. Dimon published an op-ed in the Washington Post on Friday titled “Our next president must restore our faith in America” and urged the next President to win over all … Read more
According to the old cliché, opposites attract. And there may be no greater example of this than the odd, interesting, and for the country beneficial relationship between Larry Fink and Donald Trump. Yes, you read that right. Fink and Trump. A match made in heaven? No, to be more precise, made on Wall Street, with … Read more
There is a raging debate over what exactly ails Joe Biden, and whether because of it, he should step aside as the Democratic presidential nominee. He and his handlers say nothing is wrong other than old age and losing a few steps. Most Americans and key Dems are more alarmed. He’s going on 82, and … Read more
