JPMorgan Chase CEO Jamie Dimon appeared on “This is Working” with LinkedIn Editor-in-Chief Dan Roth on Thursday to discuss the future of the financial workplace, including his opinion on how AI will alter work as we know it. Though business leaders and CEOs differ in their sentiments regarding the technology, Dimon is all in. Related: … Read more
A new stock exchange in Dallas, Texas, is set to begin securities trading next year, with plans to start listing companies by 2026. The Texas Stock Exchange (TXSE) Group has secured $120 million in funding from over two dozen investors, including Larry Fink’s Blackrock and Kenneth Griffin’s Citadel, making it “the most well-capitalised exchange entrant … Read more
Despite the downward inflation trend, JPMorgan CEO Jamie Dimon, 68, isn’t ruling out a “hard landing” for the US economy. On the prospects of a “hard landing,” Dimon said in a CNBC recent interview at the JPMorgan Global China Summit in Shanghai: “Could we actually see one? Of course, how could anyone who reads history … Read more
One of the biggest questions involving JP Morgan, the nation’s biggest and most prestigious bank, involves succession planning: When will its long time CEO, the king of all banking, Jamie Dimon, step down. Last week, he gave some clues. It’s “not five years anymore,” he said during JP Morgan’s investor day without elaborating. Thanks for … Read more
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. to reduce its fiscal … Read more
JP Morgan CEO Jamie Dimon has been widely criticised for suggesting that average Americans are doing well financially despite rising inflation and stagnant interest rates putting a strain on household budgets. Dimon sparked outrage with comments on The Wall Street Journal podcast, “The Journal.” Dimon, whose net worth is estimated at £1.67 billion ($2.1 billion) … Read more
Jamie Dimon, Chairman and CEO of JPMorgan Chase praised PM Modi and expressed his admiration for the achievements of India. The 68-year-old, JPMorgan Chase CEO was speaking at an event organised by the Economic Club of New York. Dimon highlighted PM Modi’s efforts in poverty alleviation, infrastructure development, bureaucratic reforms, financial inclusivity. While highlighting PM … Read more
JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1 million shares. Last October, JPMorgan had said Dimon and his family intended to sell 1 million of their 8.6 million shares, the first time Dimon was selling shares since becoming the CEO … Read more
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. JPMorgan : CEO Jamie Dimon’s annual letter to shareholders is out. He thinks artificial intelligence can be as revolutionary as the printing press, steam engine, electricity, computing, and the internet. He also sees a broad range of interest … Read more
It seems almost unfathomable that there was time — and not that long ago — that Citigroup was the model financial services firm. It might be yet again — but only if its CEO Jane Fraser can pull off the restructuring of the century. Full disclosure: I’m not a believer in the Citi comeback story, … Read more
