Jamie Dimon
speaker
1,379 appearances
70 recordings
17 series
first heard Sep 2024
last heard 16 Jul
Jamie Dimon’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 54 in all, peaking in Jan 2026 with 25.
Appearances
So for example, in the middle market business, we had for every loan NII, we had like 80 cents and 20 cents.
Net interest income from the loan and 20 cents of other revenue like payments.
By the time we merged with JP Morgan, we had 40 NII from the loan and 60% NIR from other type of things like payments.
And one, you're being paid for the risk, and one, you're being paid little for the risk.
And I always stress tested, and I showed the board that if we have a recession, and we're about to have one, how much money we'd lose in credit.
So I hired a woman called Linda Vaman who said, OK, if you're going to let me do credit, are you going to let me sell loans?
I said, yes.
Are you going to let me hedge loans?
Yes.
Can I do $10 billion?
I said, yes.
She said, okay, I'll join.
And we probably reduced the balance sheet by 50 billion because, and then we did have a recession, but we were kind of okay by then.
With one big bad one, which is United, which went bankrupt.
And we basically owned it for a small period of time.
Around risk, there's always this ecosystem.
You've always heard it.
Everyone's doing it.
Everyone's okay.
This is going to work.
Showing 701–720 of 1,379 · page 36 of 69
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