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Hannah LevittFortune |
“They need to do it,” Dimon said on Tuesday.
Record-setting bank failures last year have the Office of the Comptroller of the Currency worried about risk.
“It’s up to the board — it’s not up to me,” Dimon said. “I have the energy that I’ve always had. That’s important. I think when I...
The CEO devoted a chunk of his annual shareholder letter to the importance of AI for the Wall Street giant’s business and for society at large.
JPM has sent about $60 billion to shareholders through dividends and stock buybacks over the past three years.
New York Community Bancorp disclosed “ineffective oversight, risk assessment and monitoring activities" and took a $2.4 billion impairment.
"When stock markets are up, it’s kind of like this little drug we all feel, like it’s just great," Dimon warned CNBC in a wide-ranging interview.
JPMorgan CEO Dimon hailed 2023's record results and forecast a rise to $90 billion of net interest income for 2024, where analysts saw a 2% drop.
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