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It's moderate growth, with some parts of the world better than people think, and better than last year [2015].
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
Better
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Moderate
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Moderates
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World
Growth
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More quotes by Jamie Dimon
We continued to build the business, even in the worst of times. We do business all over America.
Jamie Dimon
I wanted to start by saying that the eurozone - there are two reasons they formed the European Union. One is for political peace and rationalization. And I think that's a good thing for a continent that went through hundreds of years of wars.
Jamie Dimon
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
My operating assumption is we will always have very tough competition. And even with some European banks struggling right now, some of them can reemerge - and maybe even stronger.
Jamie Dimon
I agree with people who say we want more income equality we want more consumer protection and we want sounder banks. I agree with all that.
Jamie Dimon
It's good for America when the rest of the world grows, because you can sell more to the rest of the world.
Jamie Dimon
I don't like the term universal bank. The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that's part of it.
Jamie Dimon
I don't mind paying higher taxes, because I've done quite well and I'm blessed to live in this country.
Jamie Dimon
The question is how do you do it [more consumer protection] so that it actually works that way? And that takes analysis, and sometimes collaboration between government and business, to understand how that works.
Jamie Dimon
I'm not going to name anybody, but I think there are about five to 10 global institutions that will emerge as our primary competitors across the board. They're adjusting to this new world, like we are.
Jamie Dimon
Part of [Japanese companies] growing and expanding around the world is ... going to help the Japanese keep their lifestyles [despite Japan's] demographics, as a declining population, and [to] make it more conducive to women to go to work, I think, is a plus.
Jamie Dimon
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
Good regulation should be conducive to business and to customer protection.
Jamie Dimon
Dodd-Frank is 2,000 pages long. It covers thousands of rules, regulations, interpretations and things like that.
Jamie Dimon
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
It can take a long time to get the rules in place that are conducive to growing, sometimes.
Jamie Dimon
No one can forecast the economy with certainty.
Jamie Dimon
I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.
Jamie Dimon
We see very broad-based, moderate, growth. Most of the sectors are quite strong. I don't see any major potholes, and I believe [the economy] is strengthening.
Jamie Dimon
It's offensive to me to be called a cost cutter.
Jamie Dimon