Oil Price The United States needs permitting for oil and gas drilling and pipelines, and a streamlined permitting process for renewables in a comprehensive new policy, JP Morgan’s chief executive Jamie Dimon told Fox Business in an exclusive interview. Dimon doubled down on his previous comments that banks shouldn’t cut off investments in oil and gas supply despite the ongoing criticism toward
Oil Price Three days after Jamie Dimon sparked a marketwide selloff which sent stocks to fresh 2022 lows after he predicted a US recession in “6 to 9” months, citing drivers including rising interest rates, persistent inflation and Russia’s invasion of Ukraine, and warned stocks could drop another 20%, the JPMorgan CEO who is expected to report earnings tomorrow (and hopefully clarify
Oil Price Cutting off investments in fossil fuels would be the road to hell for the United States. This is what JP Morgan’s chief executive Jamie Dimon said during a congressional hearing on a range of topics. “Please answer with a simple yes or no, does your bank have a policy against funding new oil and gas products, Mr.
CNBC JPMorgan Chase granted Jamie Dimon new stock options as a retention bonus to incentivize the chief executive officer to lead the banking giant for a few more years. The 65-year-old Dimon was awarded 1.5 million stock appreciation rights, a form of options contracts he can exercise in five years if the stock price rises. JPMorgan shares closed at $149.71 on Tuesday after
CNBC SINGAPORE — J.P. Morgan Chase’s Chief Executive Jamie Dimon said he’s not against higher taxes on the rich, but a wealth tax is not the way to do it. “A wealth tax is almost impossible to do,” he told CNBC-TV18 at the J.P. Morgan India summit on Tuesday when he was asked whether he’s in favor of such a proposal put forth by
CNBC JPMorgan Chase chief Jamie Dimon said Monday he expects the coronavirus crisis to include a “bad recession” and elements of financial strain similar to the 2008 downturn. The chairman and CEO of the biggest U.S. bank said that while JPMorgan entered the crisis from a position of strength and that lenders have prepared for this, the pandemic is playing out in
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