Today news
About the same in other media
JPMorgan’s Jamie Dimon says recent banking crisis ‘wasn’t the finest hour for many players’
Reading now: 980
fnlondon.comJPMorgan chief executive Jamie Dimon said industry turmoil sparked by the failure of Silicon Valley Bank last month is nothing like the 2008 financial crisis, but it will nonetheless have repercussions for years.
In his annual letter to shareholders released 4 April, the head of the country’s largest bank said the current crisis “involves far fewer financial players and fewer issues that need to be resolved” than in 2008, when $1tn worth of dodgy mortgages threatened to bring down the entire financial system.
Still,...
Read more on fnlondon.comAbout this in other media
How auditors missed the risks that sparked the latest banking crisis fnlondon.com /1 year ago
A Rapid-Finance World Must Ready for a Slow-Motion Banking Crisis wsj.com /1 year ago
Why this JPMorgan strategist thinks the banking crisis boosted bitcoin fnlondon.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
