Jamie Dimon News

Donald Trump, who on Wednesday was on the cusp of victory over Democratic Vice President Kamala Harris in his campaign to retake the White House, could begin the process of choosing a cabinet and selecting other high-ranking administration officials in the coming weeks.

JPMorgan Chase CEO Jamie Dimon has expressed concerns about the wars in Ukraine and the Middle East, and the growing cooperation between US adversaries including Russia, China, North Korea and Iran. “The risk is extraordinary,” he said. “World War III has already begun. You already have battles on the ground being coordinated in multiple countries," he said at the Institute of International Finance’s annual meeting in Washington DC. Jamie Dimon has given a stern warning about geopolitical threats that could hurt the global economy. “Recent events show that conditions are treacherous and getting worse,” he wrote in a press release. According to a report in Business Insider, Jamie Dimon said US adversaries want to topple the world order, and the Russia-Ukraine and Israel-Hamas conflicts could explode into a new world war.

Dimon cited nuclear proliferation as the biggest global threat, mentioning that if nations like Iran acquire nuclear capabilities, others will follow, risking major city targets worldwide. He referenced Russia’s actions in Ukraine, highlighting President Putin's nuclear rhetoric as a uniquely dangerous scenario. Also Read: US Elections 2024: One week before polls, betting odds reveal where Trump and Harris stand

Democrat candidate Donald Trump. Jamie Dimon, CEO of JPMorgan Chase is quietly backing a Kamala Harris win this November, even though he had praised Donald Trump and his policies sometime ago.

For very good reasons, most banks discourage people from talking about politics on the trading floor or in the office.  Even more than sports, religion or Bitcoin, it’s an area where really destructive bad blood can be created in a very short space of time.  Jamie Dimon knows this as well as anyone, having had to quickly apologize for making some ill-considered remarks about the Chinese Communist Party in his time.  So it’s unsurprising that, despite his normal willingness to talk about issues of the day, he has a firm policy of never endorsing Presidential candidates.

national economy and JP Morgan CEO Jamie Dimon is of the opinion that the 'Buffett rule' could help in clamping down US debt for now. According to the top bank executive, the United States could actively bring down run away boring without eliminating its spending spree, if the government keeps investing in the right initiatives.

JPMorgan Chase CEO Jamie Dimon on the Federal Reserve's rate trajectory, 2024 economy, looming bank regulations and artificial intelligence.

US economy has already been reeling from severe fears of an impending recession, along with fluctuation inflation reports. And, now, with the extreme uncertainty surrounding the upcoming US elections, things are becoming more complicated as of this moment. Jamie Dimon, CEO of JPMorgan Chase & Co. has now scared a major chunk of US investors and Americans altogether, by issuing a warning surrounding the US economy, claiming that dark days are lying in wait.

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U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports

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JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street to examine how it treats its youngest employees.

Subscribe to enjoy similar stories. Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made his own move on Germany’s Commerzbank.

The possibility of stagflation, or stagnation and inflation, is not off the table after August's inflation numbers were lower than projected.

JP Morgan chief Jamie Dimon, if the US economy heads towards a stagflation. There is a lot of hope of an economic recovery towards the end of the year, after the US markets having facing a downslide over the past few weeks due to various market forces in play, and a fear of an impending recession among US investors.

«I mean, for them, for the banking sector, the whole slowdown going towards the recession, if there is one, that is a negative, so that could have played into the banking sector selling off,» says Santosh Rao, Manhattan Venture Partners. More inflation and labour data, I guess that is what investors are bracing for. But how is it that you have read into the inflation print? And does it seem like a September rate cut is pretty much par for the course now? Santosh Rao: Yes, in fact, after today's data 25 basis points is par for the course now. But down the road, there is some chatter that he might continue to cut rates down the road, so maybe two or three, so that is good.

A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the largest institutions will be forced to hold.

Every now and then you come across a banking story that deserves wider circulation, so it’s worth firing up Google Translate to read this article in La Repubblica.  Marco Pistoia, the Global Head of Applied Research at JPMorgan, is widely known as a nice and humble guy, so it’s nice to see how happy he is to be profiled in his home newspaper.

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a «soft landing» for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind.

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Morgan Stanley appears poised to become the first major Wall Street bank to allow its financial advisors to offer bitcoin ETFs to clients, marking a significant step in mainstream finance’s adoption of cryptocurrency.