The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors that he continues to expect the U.S. economy to be resilient and grow this year.
FILE - Jamie Dimon , chairman and CEO, JPMorgan Chase & Co., speaks during a Senate Banking, Housing, and Urban Affairs Committee oversight hearing to examine Wall Street firms on Capitol Hill, Dec. 6, 2023 in Washington. The nations most influential banker, JPMorgan Chase CEO Dimon, told investors Monday, April 8, 2024, that he continues to expect the U.S. economy to be resilient and grow this year.
Dimon had particular concerns with continued large amounts of deficit spending by the U.S. government and other countries, as well as the need for countries such as the U.S. to remilitarize and continue to build out green infrastructure, all of which will likely keep inflation higher than investors expect.
. The bank has found 400 use cases for AI so far, Dimon said, particularly in the bank’s marketing, fraud and risk departments. The bank also is exploring using AI in software development and general employee productivity plans.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWIIThe nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors that he continues to expect the U.S. economy to be resilient and grow this year.
Read more »
Snowden Roasts JP Morgan CEO Over Bitcoin Price and PurchasesIn clash of titans, Edward Snowden takes aim at JPMorgan Chase CEO Jamie Dimon over Bitcoin
Read more »
JPMorgan's Jamie Dimon gives support to Disney's Bob Iger in activist investor fightJPMorgan Chase CEO Jamie Dimon has reportedly gotten involved in the Disney-Trian Fund Management proxy fight by expressing his support for CEO Bob Iger.
Read more »
JPMorgan Chase CEO Jamie Dimon Expresses Concerns Over Geopolitical RisksJPMorgan Chase CEO Jamie Dimon expresses concerns over geopolitical events such as the war in Ukraine and the Israel-Hamas war, as well as U.S. political polarization, and their potential impact on the economy.
Read more »
JPMorgan Chase CEO Dimon Expresses Concerns Over Geopolitical RisksJamie Dimon, CEO of JPMorgan Chase, expresses concerns over geopolitical risks including the war in Ukraine and the Israel-Hamas war, as well as U.S. political polarization, and warns that they could potentially surpass the risks seen since World War II.
Read more »
Sentiment and positioning indicators are near highs, JPMorgan warnsSentiment and positioning indicators are near highs, JPMorgan warns
Read more »