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The Latest Breaking News from Jamie Dimon

Exclusive: Jamie Dimon's plan to rescue the American Dream

JPMorgan Chase wants to deploy $80 billion in small-business lending over the next decade.

Axios

Jamie Dimon says the American Dream is 'slipping out of reach'—and JPMorgan is spending billions to fix it

“The American Dream is alive, but it’s slipping out of reach for too many people—and for future generations,” Jamie Dimon said.

Fortune

How many sweeteners does JP Morgan need to build an office in Canary Wharf?

US bank will get deal it doesn’t really need as it would be far too embarrassing for Treasury to see investment sail away

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Credit card annual fees are soaring past $800. Here's why people keep paying them—even as perks are harder to come by

Shoppers and travelings keep gravitating to premium 'lifestyle' cards, but interest rates and reward restrictions can trap unwary consumers.

Fortune

Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday

Southwest Airlines CEO Bob Jordan says too many execs mistake packed calendars for productivity. He’s found a “crazy” solution.

Fortune

Duolingo CEO’s taxi driver test decides who gets hired—before the interview even starts

Candidates in today’s brutal job market are being evaluated in ways they may not even realize.

Fortune

JPMorgan’s Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers‘ growth

Jamie Dimon said younger workers are not fully engaged if they work remotely, adding they won’t be as well-developed because remote work doesn’t foster learning on the job.

Fortune

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‘We’ve become like Europe’: Jamie Dimon warns China is beating the U.S. as he says Iran war means a ’better chance’ of permanent Middle East peace

Dimon spoke favorably about the Iran war, saying the largest countries in the region, including Saudi Arabia, the United Arab Emirates, and Qatar, want peace.

Fortune

Just like Gen Z, a young Mark Zuckerberg ‘had no concept of small talk’ and would ‘just stare at you,’ the VC behind Airbnb and Reddit says

“I didn't realize how important small talk was until I met the lack of it,” Y Combinator’s Paul Graham said about his first meeting with Facebook cofounder Mark Zuckerberg.

Fortune

When Jamie Dimon was fired from Citigroup, his daughters asked: 'Will we be homeless? Can I still go to college? Can I have your phone?'

Jamie Dimon recalled his 1998 firing from Citigroup and how buying $60 million in Bank One stock marked his comeback to lead JPMorgan Chase as CEO.

Fortune

Jamie Dimon just turned 70. Here's how a brush with death reshaped the JPMorgan CEO's outlook and made him realize he had no regrets

Dimon had emergency surgery for an acute aortic dissection around six years ago.

Fortune

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

Fortune

‘When You See One Cockroach, There are Probably More’: Blackrock Forced to Halt Redemptions As $2 Trillion Private Lending Bubble Starts Showing Cracks

Cracks are beginning to show in the $2 trillion private lending space, as multiple investment firms limit redemptions in their billion-dollar flagship funds.

Barchart

Jamie Dimon says Trump’s $5 billion JPMorgan lawsuit has ‘no merit,’ but admits he’d be angry about debanking too

The JPMorgan Chase CEO blamed regulatory pressure for forcing banks to close controversial accounts.

Fortune

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Fortune

Kickstarter’s CEO stands by a 4-day workweek with a fully remote team, but admits it sometimes backfires

“It’s not all good,” Everett Taylor said. “You have to trust people to be responsible.”

Fortune

Jamie Dimon has a feeling inflation will be the 'skunk at the party'—and the Iran conflict may already be enough to scare off the Fed for good

“We look at risk, at the broad range of outcomes, and there are negative outcomes. One of them would be inflation. I call it the skunk at the party,” Dimon said.

Fortune

JPMorgan CEO Jamie Dimon reveals the career goal he adopted when he was just a 28-year-old assistant: Do not speak unless you can add value

Before Jamie Dimon became the billionaire boss of JPMorgan, he set himself a modest rule: Don’t talk. It propelled him to a CFO role by age 30.

The Guardian - US

US markets see-saw as investors keep close eye on Iran war

Major US indexes recover after falls earlier in the day amid concerns of rising gas prices

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International Business Times UK

AI Could Disrupt Millions of Jobs, Warns JPMorgan CEO Jamie Dimon

JPMorgan CEO Jamie Dimon warns AI may replace 2 million workers, urging firms and society to prepare through redeployment and retraining.

Fortune

Jamie Dimon says society should start preparing for AI job displacement: ‘Now’s the time to start thinking about’ it

Dimon backs AI at JPMorgan but also supports government action to prevent mass layoffs.

The Independent UK

Jamie Dimon warns of ‘dumb things’ people are doing - similar to pre-2008 financial crash

The JPMorgan Chase CEO compared current gains to the high-flying years before the 2008 financial crisis

Fortune

Jamie Dimon’s got some advice for investors riding high on asset prices: ‘Take a deep breath and watch out’

“If you read history books, there are a lot of examples where you could get surprised,” Dimon told analysts yesterday.

The Independent UK

JPMorgan concedes it closed Trump’s accounts after Jan. 6 attack

JPMorgan Chase now confirms it closed Trump’s accounts after mob of his supporters stormed halls of Congress

GOBankingRates

Elon Musk and 4 Other CEOs Investors Should Pay Attention To When Buying Stocks

From Tesla's Elon Musk to Nvidia’s Jensen Huang, these CEOs can move markets -- and stocks. Here’s a look at who investors should watch before buying.

Fortune

Brian Moynihan isn't so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles

"People wrote ... in 1969 that there would be no managers left in business because the computer itself would eliminate the need for managers, because they just moved information. Well, guess what? We have 20,000 managers today at Bank of America," Moynihan said.

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