CEO of nation’s largest bank says Iran war raises risk of ‘bad economic outcomes’
Jamie Dimon, CEO of JPMorganChase, the nation’s largest bank, has a financial stake in almost everything. Unlike many CEOs, he says it’s his job to speak out on many things. This week, Dimon released his annual letter to shareholders — a document that comments on banking issues and also assesses risks to the economy, from inflation to the war in Iran. The letter asserts his company is ready for anything — noting, among other things, that it has profited during economic booms and also during rece...
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