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The Latest Breaking News from Jamie Dimon

JPMorgan’s Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers‘ growth

Jamie Dimon said younger workers are not fully engaged if they work remotely, adding they won’t be as well-developed because remote work doesn’t foster learning on the job.

Fortune

‘We’ve become like Europe’: Jamie Dimon warns China is beating the U.S. as he says Iran war means a ’better chance’ of permanent Middle East peace

Dimon spoke favorably about the Iran war, saying the largest countries in the region, including Saudi Arabia, the United Arab Emirates, and Qatar, want peace.

Fortune

Just like Gen Z, a young Mark Zuckerberg ‘had no concept of small talk’ and would ‘just stare at you,’ the VC behind Airbnb and Reddit says

“I didn't realize how important small talk was until I met the lack of it,” Y Combinator’s Paul Graham said about his first meeting with Facebook cofounder Mark Zuckerberg.

Fortune

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When Jamie Dimon was fired from Citigroup, his daughters asked: 'Will we be homeless? Can I still go to college? Can I have your phone?'

Jamie Dimon recalled his 1998 firing from Citigroup and how buying $60 million in Bank One stock marked his comeback to lead JPMorgan Chase as CEO.

Fortune

Jamie Dimon just turned 70. Here's how a brush with death reshaped the JPMorgan CEO's outlook and made him realize he had no regrets

Dimon had emergency surgery for an acute aortic dissection around six years ago.

Fortune

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

Fortune

‘When You See One Cockroach, There are Probably More’: Blackrock Forced to Halt Redemptions As $2 Trillion Private Lending Bubble Starts Showing Cracks

Cracks are beginning to show in the $2 trillion private lending space, as multiple investment firms limit redemptions in their billion-dollar flagship funds.

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Jamie Dimon says Trump’s $5 billion JPMorgan lawsuit has ‘no merit,’ but admits he’d be angry about debanking too

The JPMorgan Chase CEO blamed regulatory pressure for forcing banks to close controversial accounts.

Fortune

Kickstarter’s CEO stands by a 4-day workweek with a fully remote team, but admits it sometimes backfires

“It’s not all good,” Everett Taylor said. “You have to trust people to be responsible.”

Fortune

Jamie Dimon has a feeling inflation will be the 'skunk at the party'—and the Iran conflict may already be enough to scare off the Fed for good

“We look at risk, at the broad range of outcomes, and there are negative outcomes. One of them would be inflation. I call it the skunk at the party,” Dimon said.

Fortune

JPMorgan CEO Jamie Dimon reveals the career goal he adopted when he was just a 28-year-old assistant: Do not speak unless you can add value

Before Jamie Dimon became the billionaire boss of JPMorgan, he set himself a modest rule: Don’t talk. It propelled him to a CFO role by age 30.

Fortune

US markets see-saw as investors keep close eye on Iran war

Major US indexes recover after falls earlier in the day amid concerns of rising gas prices

The Guardian - US

AI Could Disrupt Millions of Jobs, Warns JPMorgan CEO Jamie Dimon

JPMorgan CEO Jamie Dimon warns AI may replace 2 million workers, urging firms and society to prepare through redeployment and retraining.

International Business Times UK

Jamie Dimon says society should start preparing for AI job displacement: ‘Now’s the time to start thinking about’ it

Dimon backs AI at JPMorgan but also supports government action to prevent mass layoffs.

Fortune

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The Independent UK

Jamie Dimon warns of ‘dumb things’ people are doing - similar to pre-2008 financial crash

The JPMorgan Chase CEO compared current gains to the high-flying years before the 2008 financial crisis

Fortune

Jamie Dimon’s got some advice for investors riding high on asset prices: ‘Take a deep breath and watch out’

“If you read history books, there are a lot of examples where you could get surprised,” Dimon told analysts yesterday.

The Independent UK

JPMorgan concedes it closed Trump’s accounts after Jan. 6 attack

JPMorgan Chase now confirms it closed Trump’s accounts after mob of his supporters stormed halls of Congress

GOBankingRates

Elon Musk and 4 Other CEOs Investors Should Pay Attention To When Buying Stocks

From Tesla's Elon Musk to Nvidia’s Jensen Huang, these CEOs can move markets -- and stocks. Here’s a look at who investors should watch before buying.

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Fortune

Brian Moynihan isn't so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles

"People wrote ... in 1969 that there would be no managers left in business because the computer itself would eliminate the need for managers, because they just moved information. Well, guess what? We have 20,000 managers today at Bank of America," Moynihan said.

Fortune

Trillion-dollar AI market wipeout happened because investors banked that 'almost every tech company would come out a winner'

“Nobody truly knows who the long-term winners and losers of this extraordinary technology will be,” Deutsche’s Jim Reid wrote this morning.

Fortune

Cisco CEO says all people who are wildly successful in tech share 3 traits

Technical chops matter—but Chuck Robbins says EQ and commitment to the team are what really separate top performers in the AI era.

The Independent UK

Furious JP Morgan staff push back at CEO Jamie Dimon’s 5-day office return edict

About 2,000 employees have signed a petition asking for the return-to-office mandate be dropped

The Guardian - UK

It’s tragic that a decent PM will be brought down by Mandelson’s sleaze – but it’s a matter of when, not if

With three years left and a huge majority, Labour can govern with more humility and deliver real change. But with Starmer at the helm? I can’t see it, says Guardian columnist Polly Toynbee

Fortune

Forcing staff back to the office is an outdated ‘factory-style’ approach, says CEO of the world’s largest workspace firm

CEOs like JPMorgan’s Jamie Dimon and Amazon’s Andy Jassy risk falling behind by clinging to rigid office rules instead of digital-first work, says IWG CEO Mark Dixon.

The Guardian - UK

A whiff of familiarity in Mandelson’s 2009 collusion with the banks

For Labour veterans of the financial crisis the Epstein files revealed a betrayal – but 16 years on, is the City calling the shots?

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