Jamie Dimon is doubling down on JPMorgan's diversity, equity, and inclusion commitments amid pressure from an activist shareholder. In an interview with CNBC at the World Economic Forum in Davos, Switzerland,
JPMorgan CEO Jamie Dimon sounded the alarm on stocks in an interview today at the World Economic Forum in Davos, Switzerland, saying that the market looks overvalued. "Asset prices are kind of inflated, by any measure," Dimon told CNBC in Davos. He added that "they are in the top 10% or 15%" of historical valuations.
U.S. President Donald Trump on Thursday expressed his ire with BofA (BAC) and JPMorgan (JPM) over not doing business with conservatives. Read more here.
The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.
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
Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
JPMorgan CEO Jamie Dimon told CNBC on Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively.
JPMorgan Chase (JPM) chief Jamie Dimon said the use of tariffs, an economic weapon, may trigger some inflation, but national security is more important than "a bit more inflation," according to a media report.
President Trump threw a curveball to Bank of America CEO Brian Moynihan after his Thursday address at the World Economic Forum in Davos, Switzerland. The president alleged that BofA has refused business from conservative customers.
If implemented, the proposed tariffs could spike inflation, but national security is more important, the bank CEO said.