Jamie Dimon Quotes - Page 8

Quotes about:

• They have a policy in China for their big companies called "Go abroad." It's a rational thing for both the company and the country to say, "We want big, successful companies." Particularly in areas where they need it: agriculture, energy, technology. I think banking, too. One or two have bought a trading house. Some have already begun expanding around the world. Of course they're going to have those ambitions. Why wouldn't they? They're just doing it methodically. It's a logical strategy and, well-executed, they will succeed.

  Jamie Dimon

  Country, Ambition, Successful

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.

  Jamie Dimon

  Running, Cutting, Relief

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• If you have the choice, it's far better to say, "That person has the job, and they really don't need that much of my oversight." Maybe they don't need any of it.

  Jamie Dimon

  Jobs, Choices, Needs

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone." I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?

  Jamie Dimon

  Thinking, Government, Hands

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• Their [American banks] big issue will be if they want to deal with the biggest companies, which are doing a lot of business overseas. How they do that is a big question. It's almost impossible to build a global investment bank from scratch. If they want to do that, they probably will have to do an acquisition.

  Jamie Dimon

  Issues, Scratches, Acquisition

  Source: www.bloomberg.com

  4 Copy quote

• If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be going a lot faster over time, and one day they can be a lot bigger than us.

  Jamie Dimon

  Commercial Banks, Numbers, One Day

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• People thought they were going to make a lot of money. And then at one point, it got too hot, and the government wanted to knock it down. Trying to get it up and then knock it down, both were a mistake. And part of the reason, some people think, is that they wanted to equitize some of their companies. A healthy stock market helps equitize companies and reduce the country's debt burden.

  Jamie Dimon

  Country, Mistake, Thinking

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth. That's called savings.

  Jamie Dimon

  Growth, Saving, World

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• I was a normal human being, but I did like that. I read a lot. I also liked math and science.

  Jamie Dimon

  Math, Normal, Humans

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• JPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.

  Jamie Dimon

  Moving, Commercial Banks, Retail

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• Our global corporate investment bank competes with Goldman Sachs, Citibank, and a bunch of other banks that are in those businesses. We may have slightly different products or services, but so what? That's always been true in American business.

  Jamie Dimon

  Different, May, Investment

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• You've seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won't typically be a bank.

  Jamie Dimon

  Credit, Stuff, Sophisticated

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy 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

  Issues, Support, Credit

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy 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

  Doe, Might, Stuff

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.

  Jamie Dimon

  People, Clients, Revolver

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  11 Copy quote

• If the economy grows, housing gets better, quicker.

  Jamie Dimon

  Get Better, Economy, Housing

  "Improving Housing Market Driving Economy: Jamie Dimon" by Margo D. Beller, www.cnbc.com. March 28, 2012.

  4 Copy quote

• Unraveling the euro is a terrible thing. This is a 50-year endeavor to get this continent together and that's a wonderful endeavor.

  Jamie Dimon

  Years, Together, Unraveling

  4 Copy quote

• When the government gets involved in pricing, I don't think it's the right way to look at a business.

  Jamie Dimon

  Thinking, Government, Looks

  4 Copy quote

• If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder.

  Jamie Dimon

  Government, Guarantees, Done

  7 Copy quote

• I think the way NOW characterized Smith Barney is disgraceful. I am appalled that an organization like that would not have reserved judgment (until) making their own investigation.

  Jamie Dimon

  Thinking, Organization, Way

  4 Copy 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

  Needs, Faces, Size

  4 Copy quote

• All businesses tend to pass costs onto customers.

  Jamie Dimon

  Cost, Customers

  "Financial Crisis Commission Testimony: READ The Latest Updates" by hahien Nasiripour and Ryan McCarthy, www.huffingtonpost.com. March 18, 2010.

  4 Copy quote

• We don't think there are cases where people were evicted out of homes when they shouldn't have been.

  Jamie Dimon

  Home, Thinking, People

  4 Copy quote

• The government has the right to change laws and rules and regulations.

  Jamie Dimon

  Government, Law, Rules And Regulations

  53 Copy quote

• It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.

  Jamie Dimon

  People, Decision, Input

  4 Copy quote

Page 8 of 9

First

← Prev

1

2

3

4

5

6

7

8

9

Next →

• facebook
• twitter
• googleplus
• email
• linkedin