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Good regulation should be conducive to business and to customer protection.
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
Regulation
Protection
Customers
Business
Good
Conducive
Customer
More quotes by 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
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
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
Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.
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
You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.
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
Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth. That's called savings.
Jamie Dimon
Japan, Europe, [and] America probably [are] better than last year [2015], not China.
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
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
JPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.
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
Just because we're stupid doesn't mean everybody else was.
Jamie Dimon
We invested in the downturn and we never stopped serving our clients.
Jamie Dimon
It's moderate growth, with some parts of the world better than people think, and better than last year [2015].
Jamie Dimon
Dodd-Frank is 2,000 pages long. It covers thousands of rules, regulations, interpretations and things like that.
Jamie Dimon
More people are working, lending is up and savings are up. These are all positive signs for a strengthening economy.
Jamie Dimon
People always say to me, What if it doesn't work? If it doesn't work, we redouble our effort. We're not going to cry like a bunch of babies. We're going to redouble our effort.
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