Jamie Dimon Says JPMorgan Clients Can Buy Bitcoin
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(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon said that he can’t rule out that the U.S. economy will fall into stagflation as the country faces huge risks from geopolitics, deficits and price pressures, Bloomberg News reported on Thursday.
This isn't the first time Dimon has acknowledged China's economic accomplishments. "Over the last 20 years, China has been executing a more comprehensive economic strategy than we
JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.
The largest US lender also said it might earn more from interest payments this year despite decline in the second quarter on Monday.
"Most important about the future of JPMorgan Chase's future is the discipline and culture in place," Chairman and CEO Jamie Dimon said on Monday at the company's Investor Day event when asked about succession.
The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.
JPMorgan Chase (JPM) has developed a tense relationship with some of its employees after it decided to scale back remote work. In March, the company’s new return-to-office mandate went into effect. This mandate requires employees to work in the office five days a week instead of three or four.