In response to activists’ anti-DEI efforts against his company, the JPMorgan Chase CEO said to “bring them on.”
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, this week, putting an end to years of head-butting between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor.
President to make virtual Davos appearance, Musk questions financing for $500 billion Stargate AI project, and more news to start your day.
Also, President Trump’s dominance of AI; cryptocurrency in the first week of his second term; his change-of-mind about tax deductions; and other personal-finance coverage.
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.
The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed revenue hit ... driven lower by lower interest rates. JPMorgan CEO Jamie Dimon said the bank got a boost from investment banking business ...
The largest U.S. bank JPMorgan’s net income surged 50% to over $14 billion in the fourth quarter as its profit and revenue easily beat Wall
The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed ... JPMorgan CEO Jamie Dimon said the bank got a boost from investment banking ...
Jamie Dimon was awarded an 8.3% pay raise following a year of record profitability at JPMorgan and amid questions about who might succeed him as CEO.
But Jamie Dimon, CEO of the world’s largest bank, believes there’s perhaps too much worrying and not enough faith in Trump’s plan. Tariffs are “an economic tool” or “an economic weapon ...
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for t