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India is a huge democracy. Prime Minister [Narendra] Modi has ambitions to try to fix the infrastructure, the rules, taxes, education, and to lift up the Indian people. And we're hopeful that that's going to create positive momentum.
Jamie Dimon
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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
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New York City
New York
James Dimon
James Jamie Dimon
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More quotes by Jamie Dimon
Their [American banks] big issue will be if they want to deal with the biggest companies, which are doing a lot of business overseas. How they do that is a big question. It's almost impossible to build a global investment bank from scratch. If they want to do that, they probably will have to do an acquisition.
Jamie Dimon
Companies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.
Jamie Dimon
I am still a Democrat. The main reason is because I don't like the Republican stance on some social values. Not that I disagree with all of them. I just don't think they have a right to impose it upon other people. I've been public about that.
Jamie Dimon
If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder.
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
We're diversified, we're stable and consistent. Our businesses benefit from each other.
Jamie Dimon
We invested in the downturn and we never stopped serving our clients.
Jamie Dimon
I completely agree with the concept that American citizens shouldn't expect that a failure of a bank would cost them money, or that it would hurt the economy.
Jamie Dimon
Capping the size of American banks won't eliminate the needs of big businesses it will force them to turn to foreign banks that won't face the same restrictions.
Jamie Dimon
We continued to build the business, even in the worst of times. We do business all over America.
Jamie Dimon
I do want the tax system to be efficient and be conducive to growth, which it is not.
Jamie Dimon
Unraveling the euro is a terrible thing. This is a 50-year endeavor to get this continent together and that's a wonderful endeavor.
Jamie Dimon
I believe it's a good thing that people say, Can we find a way to live together in peace? And they did, for the most part.
Jamie Dimon
That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.
Jamie Dimon
The term too big to fail must be excised from our vocabulary.
Jamie Dimon
I hate the word universal, because I don't know exactly what it means. The question is, does it work for the client? Travelers was a diversified, financial conglomerate that did very well. The businesses had nothing to do with each other.
Jamie Dimon
Good regulation should be conducive to business and to customer protection.
Jamie Dimon
Part of the reason some Japanese companies have underperformed financially was corporate governance and board structures.
Jamie Dimon
If you were a corporation needing financial services, and I can give you something better, faster, and cheaper across 12 products as opposed to eight, that's business. I'm doing it because I'm serving you I'm not doing it because I want to be universal.
Jamie Dimon
The government has the right to change laws and rules and regulations.
Jamie Dimon