KEY POINTS Morgan was quick to say he doesn’t have a successor yet, suggesting he won’t retire anytime soon He said he will “likely” be chairman upon exiting the CEO post “if it makes sense” to the bank’s board There were speculations around Dimon’s supposed political aspirations after the 2024 elections JPMorgan Chase CEO Jamie … Read more
Jamie Dimon, CEO of JPMorgan Chase, recently reaffirmed his strong criticism of Bitcoin, calling it a “decentralized Ponzi scheme” and a “fraud.” In an interview with CBS News’ Lesley Stahl, Dimon maintained his skeptical stance, questioning Bitcoin’s value. “We are going to have some kind of digital currency at some point,” he remarked, hinting at … Read more
JPMorgan boss Jamie Dimon said Sunday he would “likely” take over as chairman of the Wall Street giant when he eventually steps down as CEO. “That’s likely to happen. Again, that is up to the board, not up to me. But if it makes sense, I may be chairing for a couple of years,” the … Read more
Jamie Dimon, Chairman and CEO of JPMorgan Chase, says he was not surprised that Donald Trump won the election: “People were angry at whatever they called the state – the ‘swamp.’ Ineffective government. That people wanted kind of more pro-growth and pro-business policies, that they didn’t want to be lectured to on social policies continuously. … Read more
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
