Jamie Dimon Sees ‘Bad Recession’ and Echoes of 2008 Crisis Ahead

JPMorgan ‘cannot be immune’ from fallout of pandemic, CEO says
His abbreviated annual letter focuses on response to crisis

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Michelle F Davis

April 6, 2020 at 11:11 AM UTC

Updated on

April 6, 2020 at 2:04 PM UTC

This article is for subscribers only.

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.

Jamie Dimon said the coronavirus pandemic will lead to a major economic downturn and stress mirroring the meltdown that nearly brought down the U.S. financial system in 2008.