Bank of America and JPMorgan Chase are denying that political affiliation has any bearing on the customers who do business at the banks after President Trump alleged at Davos that BofA had refused to do business with some conservatives.
The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.
Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder.
JPMorgan had sued Tesla in 2021, kicking off a drawn-out dispute that was at least in part tied to Musk’s infamous 2018 tweet where he said he had “funding secured” to take the
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
JPMorgan Chase CEO Jamie Dimon wished Elon Musk the best with DOGE and said he'd "love to be helpful" with the government efficiency effort.
At the World Economic Forum in Davos, Switzerland on Wednesday, JPMorgan Chase CEO Jamie Dimon cautioned investors on the risks of increased deficit spending, sticky inflation and geopolitical
FILE PHOTO: Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. REUTERS/Mike Segar/File Photo
Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.
Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his tariff-heavy economic strategy. But Jamie Dimon, CEO of the world’s largest bank,
JPMorgan Chase chairman and CEO Jamie Dimon joins 'Squawk Box' to discuss the second Trump administration, why he's 'cautiously pessimistic' about the U.S. economy, impact of Trump's tariff proposals and EOs,