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Fortune

Marco Quiroz-Gutierrez

JPMorgan has 300,000 employees, but Jamie Dimon says the bank wins by deploying small teams like Navy SEALs

Jamie Dimon JPMorgan Navy

(Credit: John Lamparski—Getty Images)

Jamie Dimon believes that to win big, you often have to think small—or at least in small teams.

In his annual shareholder letter published Monday, the longtime JPMorgan Chase CEO said the company’s “real competitive battles” are fought on a more granular scale.

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