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 […]
JPMorgan’s Jamie Dimon reportedly backs Kamala Harris for prez despite denials
JPMorgan CEO Jamie Dimon supports Kamala House in the White House, despite recent denials and downplaying by company insiders, including the Wall Street titan himself. , there is growing speculation that he may even join her government. The New York Times reported Tuesday that the 68-year-old banker is backing a Democratic candidate for president, saying […]
JPMorgan’s Jamie Dimon warns of ‘critical issues’ that could affect US economy
JPMorgan Chase CEO Jamie Dimon talks about the Federal Reserve's interest rate trajectory, the 2024 economy, looming banking regulation, and artificial intelligence. JPMorgan Chase & Co. CEO Jamie Dimon on Friday warned investors about the current risks to the global economy, noting in particular the “significant challenges” facing the United States. “We have been closely […]
JPMorgan’s Jamie Dimon says finding next CEO most important task
JPMorgan Chase & Co. is focusing on succession planning and has “extremely” talented people ready to eventually run the bank, Chief Executive Officer Jamie Dimon said Tuesday. Dimon said he and his team have spent a lot of time thinking about what will happen after he steps down, but did not provide a specific timeline. […]
Race to succeed JPMorgan’s legendary CEO Jamie Dimon widens
The battle at JPMorgan to replace CEO Jamie Dimon is heating up, even as the banking giant does a good job of keeping the mayhem from leaking to the press. The legendary financier recently shocked the banking world by saying he would step down sooner than the original five-year deadline, probably in two or three […]
JPMorgan’s Jamie Dimon gives support to Disney’s Bob Iger in activist fight
Bank of America’s Jessica Lief Ehrlich talked about Disney’s $130 price target on “Craman Countdown,” a day after the earnings boosted the stock by 10%. JPMorgan Chase CEO Jamie Dimon has voiced support for CEO Bob Iger and has become involved in the proxy battle between Disney and Trian Fund Management. Daimon told CNBC Iger […]
JPMorgan’s AI-driven cashflow tool slashes manual work by 90%
JPMorgan uses cash flow management software powered by artificial intelligence that has reportedly reduced manual work by almost 90% for some corporate clients. The AI tool, called Cash Flow Intelligence, was launched last year to help corporate finance departments analyze and predict cash flow, according to Bloomberg. Tony Wimmer, head of data and analytics for […]