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"This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon, speaking...

  • Tuesday, February 26, 9:07 AM ET
    "This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon, speaking ahead of JPMorgan's (JPM) investor day (presentations and webcast). Still continuing to cut costs, the bank expects headcount reduction of 13-15K in its mortgage banking unit by the end of 2014. Shares +1% premarket.
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This news story has 5 comments:

  •  
    I'd be anti-fragile too, if 77% of my profits were a result of government subsidies. What gall.

    http://bit.ly/YVfkeT
    26 Feb, 09:12 AM Reply Like
  •  
    Especially when its traders punt and loose a couple of billion....cuz after all Ben can always print more...
    26 Feb, 09:14 AM Reply Like
  •  
    results...results are all we want. and we're getting them...stock up...what's the complaint?
    26 Feb, 10:02 AM Reply Like
  •  
    smugness is the problem...we'll see him hat in hand in year or two...
    26 Feb, 11:14 AM Reply Like
  •  
    Bet Ya the layoffs will come from Washington Mutual veterans.
    26 Feb, 08:49 PM Reply Like
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