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Tag: Jamie Dimon

JPMorgan’s Jamie Dimon sounds alarm about possible worst risks to U.S. since WWII
8Apr By adminNo Comments
Money

JPMorgan’s Jamie Dimon sounds alarm about possible worst risks to U.S. since WWII

Inflation, financial pressures lead more Americans to believe they need more in retirement savings Inflation, financial pressures lead more Americans to believe they need more in retirement savings 01:17 New York — The nation's most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U...
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Jamie Dimon on the cryptocurrency industry: “I’d close it down”
6Dec By adminNo Comments
Money

Jamie Dimon on the cryptocurrency industry: “I’d close it down”

JPMorgan Chase CEO Jamie Dimon told lawmakers on Wednesday that he would pull the plug on the cryptocurrency industry if he had the power. "I've always been deeply opposed to crypto, bitcoin, etcetera," he said in response to a question from Sen. Elizabeth Warren, D.-Mass., about the use of cryptocurrencies by terrorists, drug traffickers and rogue nations to finance their activities. "If I was the government, I'd close it down."Dimon, regarded by many as America's most prominent banker, said bad actors use digital currencies to launder money and dodge taxes, noting that cryptocurrency remains largely unregulated and hard to trace. He has long criticized the emerging crypto sector, once calling it a "fraud" and likening it to historical financial manias. ...
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The Stocks Investors Are Putting Under the Tree
3Dec By adminNo Comments
Money

The Stocks Investors Are Putting Under the Tree

Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response.Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the companies that offered somewhat mixed assessments of the state of the shopper last week. Yet each received an ovation from investors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Stocks Investors Are Putting Under the Tree
3Dec By adminNo Comments
World

The Stocks Investors Are Putting Under the Tree

Retailers are making modest predictions about the holiday shopping season—and their stocks are going gangbusters in response.Victoria’s Secret, Foot Locker, Ulta Beauty and Dollar Tree are among the companies that offered somewhat mixed assessments of the state of the shopper last week. Yet each received an ovation from investors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Why Jamie Dimon Changed His Mind on Europe
2Nov By adminNo Comments
Money

Why Jamie Dimon Changed His Mind on Europe

Updated Nov. 2, 2023 12:03 am ETLONDON—Not long ago, JPMorgan Chase Chief Executive Jamie Dimon insisted the Wall Street giant would never get into retail banking in Europe.Now, he’s all in.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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JPMorgan CEO Jamie Dimon to Sell One Million Shares
27Oct By adminNo Comments
Money

JPMorgan CEO Jamie Dimon to Sell One Million Shares

Updated Oct. 27, 2023 12:21 pm ETJamie Dimon plans to sell a portion of his stock in JPMorgan Chase for the first time.Dimon, the chief executive, intends to sell one million of his current 8.6 million shares “for financial diversification and tax-planning purposes,” the bank said Friday in a filing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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JPMorgan CEO Jamie Dimon to Sell One Million Shares
27Oct By adminNo Comments
World

JPMorgan CEO Jamie Dimon to Sell One Million Shares

Updated Oct. 27, 2023 10:07 am ETJamie Dimon plans to sell a portion of his stock in JPMorgan Chase for the first time.Dimon, the chief executive, intends to sell one million of his current 8.6 million shares “for financial diversification and tax-planning purposes,” the bank said Friday in a filing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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