Tag: jpmorgan

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Jamie Dimon’s annual Letter to Shareholders 2022 – part 2, final

Colin Henderson

PART 2: FULLER REVIEW OF DIMONS COMMENTARY ON BANKING CRISIS 2023 MY INITIAL IMPRESSION from this morning complete JP Morgan letter which accompanied the Annual Report 2022 | JPMorgan Chase & Co — Here are my notes and thoughts on the banking turmoil section of the JP Morgan letter. The piece of the letter that addresses the Banking crisis is thoughtful and carefully worded. It jumps off the page that Dimon sees a desperate need for agreement between regulators and banks as to role of banks, what we see as their role and finally the need to include shadow banking … Continue reading Jamie Dimon’s annual Letter to Shareholders 2022 – part 2, final

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Jamie Dimon’s annual Letter to Shareholders 2022 – my first impression

Colin Henderson

Annual Report 2022 | JPMorgan Chase & Co The letter contains a section on BANKING TURMOIL AND REGULATORY GOALS. My impression: well written and more balanced than I recall his reactions during Dodd Frank times post 2008 ed] I share this sentiment that regulation misses the mark on bank management and have written extensively on that. More to come. Meantime here is JP Morgan introduction to this discussion extracted from the letter and the source. Following is extracted from JP Morgan letter. BANKING TURMOIL AND REGULATORY GOALS The recent failures of Silicon Valley Bank (SVB) in the United States and … Continue reading Jamie Dimon’s annual Letter to Shareholders 2022 – my first impression

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Despite creeping economic optimism, top US Banks are sending warning signals on world economy

Colin Henderson

Despite creeping economic optimism, top US Banks are sending warning signals on the economic impacts expected to be felt over 2023/ 2024. Below are quotes from Black Rock and JP Morgan who together represent trillions of assets. It has been a long held approach by banks for as long as I remember, to delay interest rate increases on deposits during times of rate increases. So the tears being shed due to rate increases coming are more of a warning and message to markets, that reflect capacity to increase revenue easily and quickly. Meanwhile banks are already enjoying benefit of higher … Continue reading Despite creeping economic optimism, top US Banks are sending warning signals on world economy