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JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we already follow most of them. We support a lot of it.

Jamie Dimon

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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
Make
Problems
Committees
Always
Higher
Supported
Already
Capital
Liquidity
Mistake
Obviously
Morgan
Economy
Mistakes
Oversight
Support
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Partially
Though
Tough
Compensation
Problem
Follow
Committee

More quotes by Jamie Dimon

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Usually, something that is fairly expected is already factored in. I also think that you have to think that America is raising rates because the economy is getting stronger.
Jamie Dimon
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The term too big to fail must be excised from our vocabulary.
Jamie Dimon
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I think what you've seen them do recently in the markets is what most of us learn doesn't ultimately work. But I think everyone has to figure that on their own.
Jamie Dimon
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When the government gets involved in pricing, I don't think it's the right way to look at a business.
Jamie Dimon
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It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.
Jamie Dimon
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The yen is trading where it's trading because people are guessing about people's future interest rates, dollar and yen and about the future growth potential of the economies. And, if this policy works, then the yen will probably strengthen.
Jamie Dimon
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I have gotten disturbed at some of the Democrats' anti-business behavior, the sentiment, the attacks on work ethic and successful people. I think it's very counter-productive.
Jamie Dimon
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Part of the reason some Japanese companies have underperformed financially was corporate governance and board structures.
Jamie Dimon
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Prime Minister Modi [Narendra] is strong enough, and he's accomplished much.
Jamie Dimon
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Dodd-Frank and independent actions of banks go a long way in terms of progress on capital, liquidity, transparency, living wills (plans for winding down a bank in the event of a collapse) and resolutions.
Jamie Dimon
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Companies that build scale for the benefit of their customers and shareholders more often succeed over time.
Jamie Dimon
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We're diversified, we're stable and consistent. Our businesses benefit from each other.
Jamie Dimon
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I know the President [Barack Obama]. I like him and respect him. That does not mean I agree with all of our government's policies, whether they come from Democrats or Republicans.
Jamie Dimon
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I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.
Jamie Dimon
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We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.
Jamie Dimon
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I haven't studied it deeply, but the American banks started the crisis with far more capital and what I would call good liquidity. The riskiest funding is unsecured wholesale funding. It's the most fickle. Not repo, which the government focused on, too. Unsecured. JPMorgan Chase had almost none of that - virtually zero.
Jamie Dimon
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Well, if you were the American public, you saw a catastrophe. In general, you would say, The biggest institutions of America - Washington, broadly, and Wall Street, broadly - they're to blame. And, broadly, they're right.
Jamie Dimon
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Dodd-Frank is 2,000 pages long. It covers thousands of rules, regulations, interpretations and things like that.
Jamie Dimon
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But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.
Jamie Dimon
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I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.
Jamie Dimon