Late last week, Trump signed a proclamation slapping a $100,000 fee on new H-1B petitions as a condition of entry to the US
The revision 'just confirms what we already thought,' Dimon said
Dimon also said that former President Joe Biden “didn’t have one business person” advising him and that he was “speechless about the lack of knowledge” in the administration.
JPMorgan CEO says markets are too complacent about the risks of tariffs and economic slowdown.
Top executives jockey for Wall Street’s most coveted role as Dimon signals his exit is nearing.
Dimon said the chances of elevated inflation and stagflation are greater than people think, cautioned that America’s asset prices remain high and said that credit spreads aren’t accounting for the impacts of a potential downturn.
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate
JPMorgan chief’s letter to shareholders is an exercise in blending in with the political wallpaper
Jamie Dimon has been making headlines over the past few weeks over his comments on working from home and his clear message to JPMorgan staff to resume working from the office five days a week despite concerns from employees.
The remark comes as US President’s tariff policy has sparked volatility in the stock market. While broader markets registered a recovery on Wednesday, the S&P 500 was still down more than 7% over one month.
Analyst Nicolas Welch explained to CEO Jamie Dimon that his team was composed of seven people located in different geographies, including India, and work in different time zones. So working from the office did not make sense for the team.
JPMorgan CEO Jamie Dimon has dismissed employee demands to relax the company’s five-day return-to-office policy. During an animated town hall meeting on Wednesday, some employees petitioned the management to reconsider the strict work-from-office requirement. However, Dimon made it clear that such requests would not be entertained.
The JPMorgan CEO also revealed that under the tremendous pressure, he witnessed firsthand which employees could handle stress. 'Some people are great, and some are just children,' he said.
Jamie Dimon’s praise for Musk was effusive. “The guy is our Einstein,” he remarked, emphasising Musk’s contributions through companies like Tesla and SpaceX. He added, “I’d like to be helpful to him and his companies as much as we can.”
Amid talks of enforcing a strict five-day work from office policy for its three lakh employees, JPMorgan stated it understood that 'not everyone will agree' with management’s decision.
Jamie Dimon said America needs a growth strategy, and "collaboration between government and business is the way to have growth". He also highlighted that the regulatory environment has become "stifling".
Judy Dimon, a longtime donor to Democratic candidates and an education advocate, has been more public in her support
From JPMorgan lawsuits and Volkswagen's factory closures to new U.S. investment restrictions in China, here’s a look at recent business developments
The government efficiency commission, proposed by Donald Trump, would conduct a financial and performance audit of the federal government, aiming to identify fraud and improper payments
Talking about the US Presidential election, Dimon said he is not endorsing either Kamala Harris or Donald Trump, and rather focus on the outcome.
Jamie Dimon said the US Fed will will likely cut rates soon. “I don’t think it matters as much as other people think,” he added.
Dimon, like many other corporate executives, had condemned the January 6, 2021, attack on the US Capitol by Trump supporters who made an unsuccessful attempt to prevent Congress from certifying the results of the 2020 elections that Trump lost to Biden
While emphasising personal responsibility, Jamie Dimon also acknowledged the efforts companies like JPMorgan Chase make to support their workforce.
From Jamie Dimon's succession plans to JPMorgan's upgraded guidance, here's a look at some of the major developments from across the world.
From meme stocks like GameStop and AMC continuing to decline to Reddit's stock surging after news of a partnership with OpenAI, here's a look at some of the major developments from across the world