Inflation, wars creating risks not seen since WWII: JPMorgan CEO

Posted on:
Key Points

The United States most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors on Monday that he continues to expect the US economy to be resilient and grow this year..

But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as US political polarisation, might be creating an environment that may very well be creating risks that could eclipse anything since World War II...

The comments came in an annual shareholder letter from Dimon, who often uses the letter to weigh in broad topics like politics, regulation and global events and what it might mean to JPMorgan Chase, as well as the broader economy...

You might be interested in

JPMorgan Chase's Jamie Dimon shares his morning routine: ‘I get up at 4.30, flip through five papers…’ | Company Business News

30, May, 24

With JPMorgan Chase operating in 100 countries, CEO Jamie Dimon shared his list of morning essential reads to stay informed about news and analysis and gain a global perspective on current events.

JPMorgan Chase CEO Jamie Dimon says US ‘need to finish’ banking crisis

11, May, 23

JPMorgan’s chief executive officer predicts that more rules are coming to an industry already struggling.

JPM CEO asks Texas to stop pushing anti-business bond laws - Bloomberg News

02, Nov, 23

JPMorgan Chase (JPM.N) CEO Jamie Dimon said Texas risks hurting its business-friendly reputation with laws that seek to punish Wall Street banks for policies limiting work with the gun and fossil fuel industries, in an interview with Bloomberg News on Wednesday.