NEW YORK (AP) — 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.S. political polarization, might be creating an environment that “may very well be creating risks that could eclipse anything since World War II.” The comments came in an annual shareholder letter from Dimon, who often uses the letter to weigh in broad topics like politics, regulation and global events and what it might mean to JPMorgan Chase, as well as the broader economy. Dimon also used his letter to forcefully defend the firm’s diversity and equality efforts, pushing back on the arguments from Republicans who have said such efforts at Fortune 500 companies, colleges and universities are discriminatory and promote left-wing ideology. |
I got married at the top of a 2,600Why we cannot let the disability support changes happenDesign doubles: Pink loafersMasterful meals: Roast pheasant with a chestnut and cider cream sauce How Lady Louise Windsor is tipped for a key role in Prince William's future monarchyALISON BOSHOFF: Yo ho ho! Johnny Depp to launch his own brand of Caribbean dark rumI refused to accept my neighbour's parcelEmma Hayes blasts Jonas Eidevall's 'male aggression' after heated postGovernment rejects Westport's plea for flood protection fundingCore blimey: Bramley & butternut squash soup with gorgonzola cream