
Every year, JPMorgan Chase CEO Jamie Dimon pens a letter to shareholders detailing his firm’s performance, describing future plans, and, perhaps most importantly, giving his take on the economy and the day’s most pressing issues. And after March’s banking crisis, headlined by the second- and third-largest bank failures in U.S. history, this year’s shareholder letter was hotly anticipated on Wall Street.
With nearly two decades of experience leading what is now America’s largest bank, Dimon is often seen as the financial industry’s voice, and on Tuesday, he used his status to rebuke regulators, fellow bank CEOs, and venture capitalists for their role in the banking crisis.