JPMorgan CEO Calls for Social Media Cleanup, Doubles Down on AI, Cloud
The Financial Brand
The world’s leading retail digital banking and financial marketing publication, and host of The Financial Brand Forum.
Jamie Dimon’s book-length annual report letters are the closest thing the industry has to a State of the Union, with the exception, arguably, of a couple of fat regulatory reports.
But the annual letters from the chairman and chief executive of JPMorgan Chase have the distinction of definite viewpoints, sometimes opinionated, on a multitude of issues.
They’re also a good deal more interesting and readable.
In the 2023 annual report’s 61-page letter, Dimon covers a slew of issues, from the outlook for the economy (he has concerns, see the gray box below) to the aftermath of his bank’s takeover of First Republic Bank (going well, but not as juicy a deal as some think) to the problems caused by the state of corporate governance (too many to list here) to Dimon’s dislike of much of the current regulatory agenda (Basel III Endgame is just for starters).... Read the full article.
The Financial Brand's Other Top Reads From This Week:
Next Week's Webinar: CFPB 1033 and Open Banking: Opportunities and Challenges for Banks
Explore the potential of CFPB 1033 for open banking initiatives within your bank. You’ll learn how to leverage data sharing to enhance customer experiences, create new product offerings and navigate potential competition from fintech players.
Also, discover the challenges and opportunities presented by the rule and develop strategies to capitalize on this evolving landscape.
Reserve your seat today for this live webinar with Tom Carpenter , SVP of Industry, Policy & Standards Engagement of Mastercard , Joel Feinberg , Partner of Sidley and Kim Funari from i2c.
Teaching Community Bankers to Hold Trust-Based Conversations With Proven Strategies That Have Made Results Happen for Over 51 Years l Mastering LinkedIn Training and Coaching l Podcast Host and Keynote Speaker
3moGreat post today about Jamie Dimon's annual message. Many thanks to The Financial Brand for publishing my most recent article on how to reach your PEAK on LinkedIn.