The Latest Breaking News from Jamie Dimon

Jamie Dimon poached Warren Buffett’s protégé to run a $10 billion fund—he says Buffett’s response was ‘at least he’s going to you'

Former Geico CEO Todd Combs had been at Berkshire since 2010.

Fortune · Oct 24

Is London really the most-taxed city? Banks accused of cherrypicking data

Lobby group’s figures, shared with John Healey, are misleading as they do not include major rival Paris, say campaigners

The Guardian - UK · Oct 24

AI Agents Are Accessing U.S. Bank Accounts Without Their Approval. Lenders Are Pushing Back.

Some automated assistants appear to be taking actions beyond users' instructions, prompting questions about account security and who bears responsibility when something goes wrong.

International Business Times · Oct 22

Jamie Dimon Warns Against Using AI to Make Bank Payments: 'Rogue Agents' May Not Act in Your Best Interest

JPMorgan CEO Jamie Dimon warns AI agents could mishandle bank payments and says the bank is blocking unauthorised external agents from customer accounts.

International Business Times UK · Oct 16

‘You don’t want rogue agents’: Jamie Dimon bars outside AI agents like Meta’s Muse from JPMorgan accounts

Recent rogue AI agent incidents have raised concerns about letting agents manage your finances.

Fortune · Oct 15

US banks post strong earnings but economic risks cloud the sector’s outlook

Wall Street's biggest banks reported another strong quarter on Tuesday, but they warned that higher rates and inflation could bite.

Euronews · Oct 13

JPMorgan's Profit Climbs To $15.3 Billion, But Wall Street Expected More. Its Stock is Up Anyway.

CEO Jamie Dimon said the U.S. economy remains resilient, supported by consumer spending and business investment, despite persistent economic risks.

International Business Times · Oct 13

JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum

(Compares with estimates in headline and paragraph 1, adds analyst comment in paragraph 4, updates shares, details and context throughout)- JPMorgan

The Economic Times · Oct 13

Jeff Bezos says people have been ‘incorrectly’ taught that success is a villain: ‘You can be a billionaire if you started a hamburger stand’

With $372 billion to his name, Amazon founder Jeff Bezos says Americans have been taught to view billionaire success in the wrong light.

Fortune · Oct 12

Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

Even after Amazon cut 30,000 jobs, Jeff Bezos predicts AI will boost productivity so much that fewer people will need to work, creating a labor shortage.

Fortune · Oct 9