Jamie Dimon Quotes


You've seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won't typically be a bank.


Citations

Dimon, Jamie. "Letter to Shareholders." JPMorgan Chase & Co. Annual Report 2014, 8 Apr. 2015.

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Jamie Dimon
Jamie Dimon
  • Born: March 13, 1956
  • Nationality: American
  • Profession: Businessman

Jamie Dimon is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of JPMorgan Chase, the largest of the big four American banks, since 2005 and was previously on the board of directors of the Federal Reserve Bank of New York. Dimon was included in Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. Dimon's net worth is estimated at $1.7 billion.