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‘Banks are under assault,’ says JPMorgan CEO after legal costs shave 6.6% off...
JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a 6.6% drop in quarterly profit as legal costs exceeded US$1 billion in the wake of government probes, leading Chief Executive Jamie...
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Jamie Dimon says ‘unprecedented’ Treasury move is warning shot for investors
JPMorgan Chase & Co. head Jamie Dimon said last year’s volatility in U.S. Treasuries is a “warning shot” to investors and that the next financial crisis could be exacerbated by a shortage of the...
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How JPMorgan chief Jamie Dimon became a billionaire — and in an unusual way
NEW YORK — Jamie Dimon, who helped assemble Citigroup and then improved on the experiment with JPMorgan Chase & Co., is responsible for two of the biggest banks the world has ever seen. His life’s...
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CEO straight talk: Do investors really want the truth?
Jamie Dimon was slammed for using profanity on an analyst call earlier this year (an admission that occasionally JPMorgan steps in “dogs—t” when it comes to legal issues, to be exact). Netflix’s CEO...
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The biggest debt fund in the world just cut its bet on bonds as Jamie Dimon...
Pacific Investment Management Co.’s Total Return Fund, the world’s biggest actively run debt fund, is trimming its bet on bonds. Total Return cut the duration of its holdings to 5.27 years as of Aug....
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Dimon says Trump has reawakened ‘animal spirits’ in the U.S.
Jamie Dimon said President Trump’s economic agenda has ignited U.S. business and consumer confidence and he expects at least some of the administration’s proposals to be enacted. “It seems like he’s...
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In defence of Jamie Dimon and his outburst over U.S. political ‘dysfunction’:...
Bloomberg View: By Mohamed A. El-Erian The blunt remarks by Jamie Dimon, the highly successful chief executive of JPMorgan Chase, during a conference call on July 14, have triggered a wide range of...
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Bitcoin ‘won’t end well’: Wall St titan Jamie Dimon says he’ll fire anyone...
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid.” The cryptocurrency “won’t end well,” he told an investor conference in...
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Five things you should know before you start your work day on Sept. 14
Good morning! Editor Nicole MacAdam (@nicole_mac1) here. Statscan says median income growth has barely budged in 10 years, Transat wants Ottawa to take back a change to its airline joint venture rules...
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Industry veteran Fred Pye set to launch Canada’s first crypto-currency fund
It’s a matter on which seemingly everybody has an opinion — and those opinions are diverse. Jamie Dimon, head of JP Morgan Chase, the world’s largest non-Asian bank by assets, has called...
View ArticleJamie Dimon regrets calling Bitcoin a ‘fraud,’ but he still has no interest...
JPMorgan Chief Executive Jamie Dimon regrets calling Bitcoin a ‘fraud’ but added that he still is not interested in the cryptocurrency at all, he said in an interview on Fox Business on Tuesday. Dimon...
View ArticleGet ready for 4% yields because we could be in for more Fed hikes than we...
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said it’s possible U.S. growth and inflation prove fast enough to prompt the Federal Reserve to raise interest rates more than many...
View ArticleJamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts
Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance. Buffett, who runs Berkshire Hathaway Inc., and Dimon, JPMorgan Chase &...
View ArticleThe biggest debt fund in the world just cut its bet on bonds as Jamie Dimon...
Pacific Investment Management Co.’s Total Return Fund, the world’s biggest actively run debt fund, is trimming its bet on bonds. Total Return cut the duration of its holdings to 5.27 years as of Aug....
View ArticleDimon says Trump has reawakened ‘animal spirits’ in the U.S.
Jamie Dimon said President Trump’s economic agenda has ignited U.S. business and consumer confidence and he expects at least some of the administration’s proposals to be enacted. “It seems like he’s...
View ArticleIn defence of Jamie Dimon and his outburst over U.S. political ‘dysfunction’:...
Bloomberg View: By Mohamed A. El-Erian The blunt remarks by Jamie Dimon, the highly successful chief executive of JPMorgan Chase, during a conference call on July 14, have triggered a wide range of...
View ArticleBitcoin ‘won’t end well’: Wall St titan Jamie Dimon says he’ll fire anyone...
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid.” The cryptocurrency “won’t end well,” he told an investor conference in...
View ArticleJamie Dimon regrets calling Bitcoin a ‘fraud,’ but he still has no interest...
JPMorgan Chief Executive Jamie Dimon regrets calling Bitcoin a ‘fraud’ but added that he still is not interested in the cryptocurrency at all, he said in an interview on Fox Business on Tuesday. Dimon...
View ArticleGet ready for 4% yields because we could be in for more Fed hikes than we...
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said it’s possible U.S. growth and inflation prove fast enough to prompt the Federal Reserve to raise interest rates more than many...
View ArticleJamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts
Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance. Buffett, who runs Berkshire Hathaway Inc., and Dimon, JPMorgan Chase &...
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