The increase of more than 250% in JPMorgan's shares during his tenure has helped turn the executive into a billionaire.
He also warned that the technology can be used by "bad people to do bad things.”
Jamie Dimon said JPMorgan Chase & Co...
The central bank was “a day late and a dollar short” in beginning to raise rates, he said.
Requiring U.S. lenders to hold more capital than their international competitors is a “huge negative,” he claimed.
The Wall Street firm is enlisting several hundred new staffers to help address concerns from authorities.
The biggest banks beat analysts' expectations for equity-underwriting revenue in the second quarter.
The firm's $41.3 billion in revenue beat analysts' expectations, fueled by $21.8 billion in net interest income.
The hire underscores the biggest U.S. bank's efforts to fill the void created by Silicon Valley Bank's failure.
The bank made no admission of liability in connection with the settlement.
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