JPMorgan Chase CEO James Dimon said the bank won’t request looser regulation during the pandemic
JPMorgan Chase & Co. Chief Executive James Dimon said his bank hasn’t sought looser regulations to help it handle the economic collapse caused by the coronavirus pandemic, detailing instead its ability to keep lending in even more dire circumstances.
In his annual letter published Monday, Mr. Dimon said the work preparing JPMorgan to be a “port in the storm”—a long obsession of his—means the bank can handle what he expects to be a “bad recession.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LeBron James' 'I Promise' documentary series debuts Monday on QuibiA documentary series detailing the successes and challenges at LeBron James' 'I Promise School' debuts Monday on Quibi.
Read more »
James Jordan's heartache as dad hospitalised after stroke but he can't visitJames Jordan shared his heartache over his dad being hospitalised after a stroke but because of the current coronavirus pandemic the dancer can't visit him
Read more »
James Norton shacks up with Imogen Poots amid coronavirus lockdownThere could be a love lockdown amid the COVID-19 pandemic lockdown as British actress Imogen is said to have moved in with McMaffia hunk James after two years of dating
Read more »
Reese Witherspoon's Draper James line is giving away 250 free dresses to teachersAs a thank you from Reese Witherspoon, teachers can enter to win a free dress until Sunday, April 5.
Read more »
U.S. was not adequately prepared for the pandemic, says JPMorgan CEO Jamie DimonThe U.S. was not adequately prepared for the current coronavirus pandemic and needs to address bad planning and management to better prepare for future ones,...
Read more »