News with the tag "Jamie Dimon"

JPMorgan Chase CEO Jamie Dimon just sold a massive amount of his company’s stock. New SEC filings show Dimon sold a total of 866,361 shares at a price of $269.83 on Thursday, worth a whopping $233.77 million. According to the SEC Form 4 filing , the shares sold are attributed to various entities inc...

JPMorgan Chase employees are banding together to call on the bank’s CEO to back down on his demand for a full five-day in-office work week. In a new petition on CoWorker.org, JPMorgan Chase workers say CEO Jamie Dimon should reconsider the bank’s return-to-office (RTO) policy, and that the idea of r...

Six of the largest banks in the US recorded exceptional returns in 2024, despite recession fears and geopolitical uncertainty. JPMorgan Chase, Citi, Bank of America, Goldman Sachs, Wells Fargo and Morgan Stanley printed $145.68 billion in combined profits last year, largely propelled by stellar perf...

In a recent interview with CBS News, JPMorgan CEO Jamie Dimon reiterated his longstanding skepticism toward Bitcoin, stating, “Bitcoin itself has no intrinsic value.” Bitcoin’s Resilience Amid Dimon’s Doubts Dimon emphasized the cryptocurrency’s alleged association with illegal activities, including...

JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC). “Bitcoin itself has no intrinsic value,” he said in an interview with CBS News on Sunday. “It’s used heavily by sex traffickers, by money launderers, ransomware. So I just don’t feel great ...

JPMorgan CEO, Jamie Dimon, discussed the future of digital currencies wherein he acknowledged and supported their emergence. However, he criticized Bitcoin for two reasons, sending waves of mixed speculation about BTC prices as the chart continues to show a decline. JPMorgan CEO Jamie Dimon on Bitco...

Despite Bitcoin’s growing acceptance in institutional circles, JPMorgan CEO Jamie Dimon remains a staunch critic. In a recent CBS interview, Dimon reiterated his stance, stating he does not feel “great” about Bitcoin and asserting that the cryptocurrency lacks intrinsic value. He also criticized its...

Jamie Dimon remains a staunch Bitcoin skeptic

Over the years, JPMorgan (NYSE: JPM ) CEO Jamie Dimon has maintained a dismissive stance regarding Bitcoin’s ( BTC ) potential, with his concerns mostly centered on the asset’s ability to be leveraged in illicit activities. At the same time, Dimon has questioned Bitcoin’s actual value in the financi...

Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns that World War III may have started, citing unpreceden...