American Banker
Jamie Dimon: On the Money?
He has a point that banks could do a lot more lending if capital rules were loosened.
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If Jamie Dimon's annual letter to shareholders is any guide, he can play a mean game of whack-a-mole.
The JPMorgan Chase & Co. chairman and CEO took a swing at every hot topic in his 45-page missive released Tuesday, from bank regulation, immigration, and infrastructure to taxes, technology and, yes, how "something is wrong" with the U.S. (but banks, freed from pesky regulations, could help make it better). Most of his positions are known -- he'd either raised them in last year's letter or during one of his many public appearances. But the addition of some specifics should give Dimon watchers, bank investors and even policymakers in Washington something to chew on.