Deals
Key Pieces of Dimon's Annual Letter: Risks, Rates and Trading
- Brexit outcomes are `large and potentially unknown,' he says
- He and Pinto list areas where investment bank is recruiting
Jamie Dimon: Fed May Raise Rates Too Fast
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon used his annual letter to shareholders to warn about emerging geopolitical risks, predict U.S. interest rates are more likely to rise -- potentially too fast -- than go negative, and explain why he’s standing by certain types of trading while rivals pull back.
Here are some key passages of his 50-page letter, which in the past has often stoked debates on Wall Street, as well as Washington and beyond.