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Jamie

Jamie Dimon was the ‘master architect’ of JPMorgan’s new $3 billion skyscraper, the bank’s real estate head says

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JPMorgan Chase’s six-year-long process to deconstruct its headquarters in Midtown Manhattan and build up a new $3 billion skyscraper from its foundation is nearly completed, with Jamie Dimon and other execs taking an active part in its design. Architect Norman Foster, who’s behind Apple’s headquarters in California and Hearst Tower in Manhattan, said the project … Read more

Jamie Dimon calls Zohran Mamdani’s movement ‘more Marxist than socialist,’ but he’s offering his help: ‘Get involved and grow up’

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Jamie Dimon, CEO of JPMorgan Chase, long considered Wall Street’s most Democrat-friendly executive, has broken with the party this year, calling them “idiots” with “little brains” in July. He added some fierce criticism of New York City’s leading mayoral candidate, the Democratic Socialist assemblyman Zohran Mamdani, from Queens, calling him “more a Marxist than a … Read more

Jamie Dimon issues private credit warning: ‘When you see one cockroach, there are probably more’

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Executives at JPMorgan, Goldman Sachs, and Citi all used their earnings calls yesterday to assure investors that the bankruptcy of auto parts supplier First Brands—which had borrowed more than $10 billion—did not mean that the private credit market is systemically weak. But JP’s CEO Jamie Dimon also warned that if or when an economic downturn … Read more

JPMorgan’s Jamie Dimon gives 100% every single day even after years in the job—just like Football hall of famer Tom Brady

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If you meet with JPMorgan Chase CEO Jamie Dimon, expect that he’ll have gone through all the pre-reading and will devote 100% of his attention to the topic at hand. But whatever you do, don’t look at your device in front of him.  “None of this nodding off,” said Dimon, who spoke with Fortune Editor-in-Chief … Read more

JPMorgan CEO Jamie Dimon on mentorship and ‘the need to keep the Western world together economically’

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I wasn’t surprised to see JPMorgan Chase CEO Jamie Dimon on stage yesterday at Fortune’s Most Powerful Women Summit. I’ve interviewed several women leaders over the years—TIAA CEO Thasunda Brown Duckett, Travelers Chief Marketing Officer Lisa Caputo, Mary Callahan Erdoes, who runs JPMorgan Chase’s Asset & Wealth Management, and veteran finance executive Heidi Miller, among … Read more

Jamie Dimon gets real on AI, sees stocks ‘in some form of bubble territory’

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“It will eliminate jobs,” Dimon said, pointing out that so did tractors and cars, once upon a time. “It happens too fast,” he said, referring to sudden, disruptive technological change. He urged society, government and business to “figure out how we can save jobs,” whether that’s retraining, a new form of income, early retirement, he … Read more

Jamie Dimon latest crypto comments show CEO is warming to blockchain, silent on Bitcoin

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One of crypto’s most vocal critics is changing his tune. Jamie Dimon, the CEO and chair of JPMorgan Chase, has said for years that Bitcoin is no different from pet rocks, serving only scammers and money launderers. But as his bank experiments with digital asset ledgers, Dimon has come around to the technology, arguing on … Read more

Markets look unstoppable, but JPMorgan CEO Jamie Dimon sees a 30% chance of a correction: ‘I’m far more worried than others’

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Jamie Dimon, CEO of the world’s most valuable bank and architect of the “fortress balance sheet” that helped JPMorgan emerge unscathed from the 2008 financial crisis, believes investors are downplaying the risk of a major market correction—one that could slash stocks by about a third. With stock market valuations and concentration at record highs, some … Read more

Wells Fargo was reeling from scandal. Jamie Dimon protégé Charlie Scharf bet his career on saving the 173-year-old bank

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The document, Charlie Scharf recalls, was 3,162 pages. It included 6,000 tasks; 28,000 people worked on it. This staggeringly long volume was the plan to save Wells Fargo, forged by Scharf and his team shortly after he took over as CEO in October 2019.  At the time, Wells had been laboring under a regulatory crackdown … Read more

JPMorgan Chase CEO Jamie Dimon says a recession could hit in 2026

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It would be reassuring for markets to hear Jamie Dimon, the leader of America’s biggest bank and a veteran of Wall Street, say he didn’t see a recession coming. Unfortunately, that’s not the case. In his decades leading JPMorgan Chase, Dimon’s economic opinion has been seen as a barometer for the health of the U.S. … Read more

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