Jamie

JPMorgan Chase CEO has warned that financial markets are underestimating the risk of interest rate hikes in the US, calling the prevailing sense of calm “complacency” in the face of mounting inflationary pressures.Speaking at an event hosted by Ireland’s foreign ministry in Dublin on Thursday, Dimon said he believes there’s…

The CEO of America’s largest bank has long been skeptical of the rise of private credit, even as JPMorgan Chase jumps on the nonbank lending bandwagon in an effort to compete.”I think that people who haven’t been through major downturns are missing the point about what can happen in credit,”…

Treasury Secretary Scott Bessent said on Sunday that he doesn’t agree with Jamie Dimon’s prediction that the bond market will crack.”I’ve known Jamie a long time and for his entire career he’s made predictions like this. Fortunately, none of them have come true. That’s why he’s a banker, a great…