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Quote by Jamie Dimon

“At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a property casualty company, a life company, a brokerage company. We were a financial conglomerate. It wasn't a unified, coordinated strategy of any sort. When it merged with Citi, that became a big issue; Citi, at that time, wasn't yet a fully integrated, coordinated company.”

Author

Jamie Dimon

Jamie Dimon is an accomplished businessperson currently serving as the Chairman and CEO of JPMorgan Chase & Co. Since 1995, Dimon has held various key positions at JPMorgan Chase, becoming CEO in 2005. Under his leadership, the bank has achieved significant performance growth and emerged as one of the most influential financial institutions globally. more

“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.”

World Use Moving Share Management Around The World Consumers Corporations Branches Cash Retail Management Systems Commercial Banks

Author:Jamie Dimon

“Our global corporate investment bank competes with Goldman Sachs, Citibank, and a bunch of other banks that are in those businesses. We may have slightly different products or services, but so what? That's always been true in American business.”

May Different Products Investment Bunch Corporate American Business Goldman Sachs Citibank

Author:Jamie Dimon

“Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.”

Want Looks Doe Moving Investment Debt Customers Equity Deposits Custody

Author:Jamie Dimon

“We have built a very good company, and we're proud of it. We also recognize that much of it has been built on the shoulders of the thousands of employees and leaders who have worked here before us.”

Has Beens Company Leader Proud Built Very Good Shoulders Employee Good Company

Author:Jamie Dimon