Same topic Authors
Quote of the day

. . . consciousness is a coherent whole, which is never static or complete, but which is in an unending process of movement and unfoldment.

Popular Topics
Scholar, Smile, Thing, Perfect Love, Faith, Difference, Life Is Like, Acknowledge, Alien, Wonder, Poor, Positive, Living My Life, Bear, Fitness, Hip Hop, Night, Subject, Heart, World, Home, Peace And Love, Teacher, Once Upon A Time, Dress, Education, Happy, Inspirational Life, Character, I Miss You, Drama, Beauty, Thinking, Body, Love, Dream, Jesus, Important, Weak, Job, Humbly, Hope, Amazing Music, Thought, Wonderful, Goodbye, Children, Things, Creative, Butterfly
Jamie Dimon

I also think you have to be very careful. I mean, the heritage of our company is very strong, and building some of these businesses into leading players is extremely tough. You and I can both build a trading business, and it looks like you're doing OK, and it looks like I'm doing OK. But, really, I am, and you aren't. It comes down to the quality of clients, quality of systems, quality of risk controls.

Building, Company, Mean, Player, Quality, Strong
Same Author Quotes

I don't think you're going to have one bank. Big companies aren't going to give us all their business. So they can pick and choose - by product, by country, whatever. We have major competition across every product in every place we operate.

Across, Country, Giving, Operate, Think, Thinking

But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.

Companies, Country, Growth, Mean, Part, Savings

Let's look at lending, where they're using big data for the credit side. And it's just credit data enhanced, by the way, which we do, too. It's nothing mystical. But they're very good at reducing the pain points. They can underwrite it quicker using - I'm just going to call it big data, for lack of a better term: "Why does it take two weeks? Why can't you do it in 15 minutes?"

Call, Data, Good, Pain, Reducing, Two

I am struck that so many of our leaders in the U. S. forget how strong our country can be.

Country, Forget, Leader, Strong

My guess is the big Chinese banks will be in 100 countries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U. S. at some point. Whether they do or not, or if it's allowed or not, I don't know.

Allow, Country, Mean, Think, Thinking, World
Similar Quotes