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Jamie Dimon says he ‘hugged it out’ with Elon Musk after earlier clashes

JPMorgan Chase & Co. CEO Jamie Dimon and Tesla Inc. President Elon Musk, who were once enemies in a lengthy legal battle, have resolved their differences, the banker said Wednesday. told CNBC in an interview. “Elon and I worked hard,” Dimon said, praising Musk, who runs several well-known companies including Tesla, SpaceX and Neuralink. “That […]

Dimon defends Trump tariffs: 'National security trumps a little bit more inflation'

JPMorgan Chase & Co. CEO Jamie Dimon on Wednesday weighed in on President Trump's proposed tariffs on Canada, Mexico and China, saying the national security benefits outweigh the inflationary effects. He said he was deaf. “Even if it's a little bit of inflation, if it's good for national security, then that's fine. So get over […]

Dimon says he and Musk have 'hugged it out'

JPMorgan Chase & Co. Chief Executive Jamie Dimon said on Wednesday that he and Tesla Chief Executive Elon Musk have filed a lawsuit against Dimon and Tesla CEO Elon Musk after Dimon's bank sued the tech billionaire's electric car company in 2021. He said that the CEO had “faced it firmly” and resolved the differences. […]

JPMorgan’s Doug Petno among top contenders to succeed CEO Jamie Dimon

The JPMorgan Chase executive, once considered a dark horse candidate in the race to succeed CEO Jamie Dimon, is now the front-runner for the role, according to reports. Doug Petno, 59, is one of three candidates, along with Troy Rohrbaugh and Marian Lake, being mentioned as potential successors to Dimon, according to Bloomberg News. Mr. […]

JPMorgan’s Jamie Dimon ‘likely’ to become chairman once he quits as CEO

JPMorgan President Jamie Dimon said Sunday that he will “likely” become chairman of the Wall Street giant when he ultimately steps down as CEO. “That's likely to happen. Again, that's up to the board, not up to me. But I might chair for a few years if it makes sense,” the 68-year-old said. Dimon said […]

Trump snubbed JPMorgan Chase CEO Jamie Dimon phone call: report

President-elect Donald Trump did not answer a call from JPMorgan Chase CEO Jamie Dimon to congratulate him on his big election victory, according to reports. Mr. Dimon, a 68-year-old bank executive who describes himself as “hardly a Democrat,” was instead forced to leave a voicemail offering congratulations and support. The New York Times reported. The […]

JPMorgan’s Jamie Dimon says bankers ‘dancing in the street’ on Trump win

JPMorgan Chase & Co. CEO Jamie Dimon said Wall Street bankers expect President-elect Donald Trump to ease strict regulations across industries, regardless of who they vote for. He said they were “dancing in the streets” over his victory. “A lot of bankers are like dancing in the street, because there's been regulations that have been […]