James Dimon headshot
James Dimon, Chairman and Chief Executive Officer, JPMorgan Chase & Co., USA is listens during the session 'The Global Financial Context - Reinforcing Critical Systems' at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 23, 2013. Copyright by World Economic Forum swiss-image.ch/Photo Remy Steinegger

Global newsletter: Shine bright like a Dimon

The following is an excerpt from today’s Global Newsletter.

With apologies to Rihanna, you have to acknowledge the star quality of JPMorgan Chase chairman and CEO Jamie Dimon after reviewing the investor day details yesterday.

The company reported $84 million in gross profit ON INTEREST ALONE. (Emphasis definitely mine.) They also reported adding 600,000 new checking accounts through April this year.

JPMorgan rolls on despite market volatility, with no hint or whisper of issues or negative trends (outside of the Frank debacle).

After adding First Republic to the top and bottom lines, the giant keeps getting bigger.

Dimon recently said that he’s feeling great, loves his job, and wants to keep working, like most successful billionaires.

Various crypto coins in a pile

From Fintech Nexus

Share this article  LatAm Fintechs in Argentina reject government’s ban on crypto
By David Feliba   
The central bank of Argentina surprised fintechs this month with a crypto ban that forbade neobanks from offering trading services.

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.