JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings with a grim warning to investors. 'Now may be the most dangerous time the world has seen in decades,' Dimon said.
JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings with a grim warning to investors. “Now may be the most dangerous time the world has seen in decades,” Dimon wrote in the company’s report.
“And we should,” Dimon continued. “That’s kind of our job, to be prepared for potential outcomes you don’t expect.” “Currently, U.S. consumers and businesses remain generally healthy,” Dimon said. “I’m less concerned about the economic effect that, obviously, the geopolitical.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jamie Dimon: It may be 'the most dangerous time the world has seen in decades'Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Read more »
Jamie Dimon Warns of Bad Times, but JPMorgan Is Doing Just Fine.The CEO struck a somber tone about the state of the world on Friday, but the bank keeps topping Wall Street's expectations.
Read more »
JPMorgan Profit Jumps as Dimon Warns of 'Most Dangerous Time the World Has Seen in Decades'When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan
Read more »
JPMorgan's Dimon: 'The most dangerous time the world has seen in decades'CEO warns of 'far-reaching impacts on energy and food markets, global trade.'
Read more »
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time' for the world in decadesThe head of the larges U.S. bank by assets cited the ongoing war in Ukraine as well as the attacks Hamas launched on Israel last weekend.
Read more »
JPMorgan’s Jamie Dimon: ‘This May Be the Most Dangerous Time the World Has Seen in Decades’Bank turned in better-than-expected profit and revenue, helped by high interest rates
Read more »