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Top 60 Jamie Dimon Quotes (2024 Update)
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Jamie Dimon Quote: “You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don’t look at it that way.”
Jamie Dimon Quote: “I’m not going to name anybody, but I think there are about five to 10 global institutions that will emerge as our primary competitors across the board. They’re adjusting to this new world, like we are.”
Jamie Dimon Quote: “I think one could argue that there’s more political input into the regulatory side, and on the regulatory side there seem to be fewer people with financial and banking experience – there are more lawyers, academics, economists, maybe politicians now.”
Jamie Dimon Quote: “I’ve been regulated my whole life. We have progressive taxes. It’s not a free-market free-for-all. I completely understand that society has a perfectly legitimate right to put in structures and regulations and rules that make it fairer, better, cleaner.”
Jamie Dimon Quote: “You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, It could have been much better.”
Jamie Dimon Quote: “But in general, as countries get wealthier, there’s going to be more savings, which means you’re going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization – these companies, these clients getting much bigger and much more global.”
Jamie Dimon Quote: “The transaction reflects our disciplined strategy of investing capital in core businesses where we can leverage scale and expertise for competitive advantage. In addition to being a great strategic fit, the deal is compelling financially.”
Jamie Dimon Quote: “As countries get wealthier – all of them, together – you’re going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they’re too highly valued, or too leveraged.”
Jamie Dimon Quote: “It might be harder for us to charge a higher interest rate, like they do, so it might not be as profitable for us. But we can either compete or partner, like we’ve announced with On Deck, which does some of the stuff we just spoke about.”
Jamie Dimon Quote: “It’s good for America when the rest of the world grows, because you can sell more to the rest of the world.”
Jamie Dimon Quote: “I don’t like the term “universal bank.” The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that’s part of it.”
Jamie Dimon Quote: “From my point of view, the American financial system – including banks and investment banks – is far safer because of capital and liquidity requirements. Despite all the turbulence so far this year, I don’t think anyone’s questioning our system. And that, obviously, is a good thing.”
Jamie Dimon Quote: “Well, if you were the American public, you saw a catastrophe. In general, you would say, “The biggest institutions of America – Washington, broadly, and Wall Street, broadly – they’re to blame.” And, broadly, they’re right.”
Jamie Dimon Quote: “I think the free-enterprise system has been great for society. That doesn’t mean it’s completely perfect. And also, when people say capitalism, I’m not really sure what they mean.”
Jamie Dimon Quote: “Capping the size of American banks won’t eliminate the needs of big businesses; it will force them to turn to foreign banks that won’t face the same restrictions.”
Jamie Dimon Quote: “One of the issues with some of these lenders is going to be, where will their provider of credit be when there’s a crisis? That’s why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis.”
Jamie Dimon Quote: “I think what you’ve seen them do recently in the markets is what most of us learn doesn’t ultimately work. But I think everyone has to figure that on their own.”
Jamie Dimon Quote: “When the government gets involved in pricing, I don’t think it’s the right way to look at a business.”
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