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☆ It looks like Elon Musk and Jamie Dimon are one step closer to making peace amid their nearly 10-year feud
▼ + stars: | 2024-06-03 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Elon Musk and Jamie Dimon may be mending their nearly decade-long feud. Musk and Dimon recently talked on stage together at a JPMorgan summit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk and Jamie Dimon seem to be putting a nearly ten-year feud behind them. The Tesla and JPMorgan CEOs have been throwing remarks — and lawsuits — at one another since 2016.

Persons: Elon Musk, Jamie Dimon, JPM, —, Elon, Tesla, Musk Organizations: JPMorgan, Service, Wall Street, Business Locations: Big Sky , Montana

☆ Apollo CEO Marc Rowan defends private credit from Jamie Dimon, saying shadow banking 'makes the system safer.'
▼ + stars: | 2024-05-30 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

Tighter bank lending means more opportunities for private lenders to lend and make outsize returns on their loans. Financial industry titans Jamie Dimon and Marc Rowan have been trading opposing views on the burgeoning sector for the last year. Last year, Rowan responded to Dimon's comments that higher capital requirements for banks had private lenders like Apollo "dancing in the streets." AdvertisementRowan on Thursday responded by saying that the private-credit industry helps reduce systemic risk caused by the traditional banking industry. "Jamie is an amazing representative of the banking industry," Rowan said.

Persons: —, Jamie Dimon, Marc Rowan, Dimon, JPMorgan Chase, Rowan, Apollo, Jamie, Blackstone, — I've, Bernstein, Dimon's Organizations: Service, Financial, JPMorgan, Business, Bank of America Global Research, Apollo Locations: New York City

☆ Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks
▼ + stars: | 2024-05-29 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

"There could be hell to pay" if private credit markets wobble, Jamie Dimon said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. The private credit market—a corner of finance dominated by non-bank lenders who originate loans to private businesses—has grown rapidly in recent years. "And the problems in financial markets are often caused by the 'not good one,' the people that make the mistakes."

Persons: Jamie Dimon, —, Dimon Organizations: Service, JPMorgan, Bloomberg

Tim Cook has delivered at least seven commencement addresses since becoming the chief executive of Apple. The superstar Taylor Swift, whose concerts have been credited with lifting local economies, addressed New York University’s graduation ceremony in 2022. Bill Gates, Oprah Winfrey, Jamie Dimon — they’ve all given graduation speeches more than once. The appeal of being a commencement speaker, however, seems to be waning. Just three Fortune 50 chief executives appear to be commencement speakers this year, as colleges have faced campus protests over the war in Gaza, student arrests and wealthy alumni threatening to break ties with their alma maters over antisemitism.

Persons: Tim Cook, Taylor Swift, Bill Gates, Oprah Winfrey, Jamie Dimon —, They’re, ”, David Murray Organizations: Apple, Fortune, Professional Speechwriters Association Locations: New, Gaza

☆ Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
▼ + stars: | 2024-05-24 | by ( Leslie Picker | ) www.cnbc.com time to read: +1 min

The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale. "A lot of those folks who took private-credit loans will be stranded when [obscenity] hits the fan," Dimon said. "Banks tend to work with the borrower and the middle-market loan in the crisis…in the mark-to-market world of private credit, they have to, as a fiduciary, book it at par." In other words, he said, "private credit hasn't dealt with high interest rates, hasn't dealt with the recession, and it hasn't dealt with high spreads." "[Ares has] invested $150 billion into the private-credit market since we founded the firm, and we had a loss rate of one basis point.

Persons: Jamie Dimon, Dimon, Banks, hasn't, Ares, Michael Arougheti, it's, Arougheti Organizations: CNBC, Ares Management Locations: United States, America

☆ JPMorgan's Jamie Dimon says the U.S. economy could have a hard landing
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan's Jamie Dimon says the U.S. economy could have a hard landingJamie Dimon, CEO of JPMorgan Chase, discusses the outlook for the U.S. economy and interest rates.

Persons: Jamie Dimon, JPMorgan Chase Organizations: JPMorgan Locations: U.S

☆ Op-ed: How activist investors are deactivating with proxy battle losses
▼ + stars: | 2024-05-23 | by ( Jeffrey Sonnenfeld | Steven Tian | ) www.cnbc.com time to read: +7 min

Whether today's activist investors contribute any genuine economic value is open for debate. As this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and power? These self-styled "activist investors" are distinct from the original activists who helped catalyze needed governance reforms two decades back. Many of today's activist investors are a far cry from the original, heroic crusaders for shareholder value who pioneered the activism space decades ago. However, given the failing financial performance of many of today's activist investors, their losing streak in proxy fights and increasing public rejection of their bullying tactics, the credibility and value of activist investors writ large is increasingly imperiled.

Persons: Nelson Peltz's, Ed Garden, Ralph Whitworth, John Biggs of TIAA, John Bogle of, Ira Millstein, Weil, Nell Minow, Bob Monks, Harvard's Stephen Davis, Carl Icahn's, Aubrey McClendon, –, Bill Cohan, Jamie Dimon, Glass Lewis, resoundingly, Mason Morfit's ValueAct, Jeffrey Sonnenfeld, Lester, Steven Tian Organizations: CNBC, Salesforce, Dow Jones, Disney, Norfolk Southern, Relational Investors, John Bogle of Vanguard, Services, Chesapeake, Norfolk, JetBlue, Elanco, of Institutional Investors, United Shareholders Association, Responsibility Research, ISS, Lester Crown, Management, Yale University, Yale's, Institute Locations: Norfolk Southern, greenmailers, America

☆ JPMorgan CEO Jamie Dimon says U.S. could see a 'hard landing,' stagflation will be 'worst outcome'
▼ + stars: | 2024-05-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

JPMorgan Chase 's chairman and CEO Jamie Dimon says the the U.S. economy could see a "hard landing." When asked by CNBC's Sri Jegarajah about the prospect of a hard landing, Dimon replied: "Could we actually see one? The CEO was speaking at the JPMorgan Global China Summit in Shanghai. Dimon said the worst outcome for the U.S. economy will be a "stagflation" scenario, where inflation continues to rise, but growth slows amid high unemployment. "I look at the range of outcomes and again, the worst outcome for all of us is what you call stagflation, higher rates, recession.

Persons: JPMorgan Chase, Jamie Dimon, CNBC's, Jegarajah, Dimon, we'll Organizations: JPMorgan, JPMorgan Global China Summit Locations: U.S, Shanghai

☆ 'Put me in the cautious side on this one': Jamie Dimon shares his outlook on U.S. interest rates
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Put me in the cautious side on this one': Jamie Dimon shares his outlook on U.S. interest ratesJamie Dimon, CEO of JPMorgan Chase, says "could inflation be stickier than people think? I think the odds are higher than other people think."

Persons: Jamie Dimon, JPMorgan Chase Organizations: JPMorgan

☆ Recession is still a real threat, Jamie Dimon and David Solomon warn
▼ + stars: | 2024-05-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewPersistent inflation and a full-blown recession are still firmly on the table, two Wall Street titans have warned. Jamie Dimon told CNBC on Thursday that sticky inflation is more likely than many people think. Dimon said the "worst outcome" would be stagflation — a painful combination of elevated inflation, higher rates, and a recession that would hit consumers and pull down corporate profits. No cuts and a real slowdownDavid Solomon struck a similar tone at a Boston College event on Wednesday, Bloomberg reported. Solomon also said in March that he was less certain of a soft landing than the market consensus.

Persons: —, Jamie Dimon, Dimon, David Solomon, Goldman Sachs, Solomon Organizations: Service, Wall, CNBC, JPMorgan, Business, Federal Reserve, Boston, Bloomberg

☆ Strong spending is obscuring an economy that isn’t working for many Americans
▼ + stars: | 2024-05-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Even after years of inflation, geopolitical chaos and recession in Europe, the US economy remains robust and resilient. Unemployment rose to 3.9% last month, lower-income consumers are spending less and businesses are limiting employee hours and pay. A recent survey by Santander Bank of its customers found that while inflation fears have largely subsided, middle-income Americans are pessimistic about the economy. Those Americans could still be suffering, but their stories are obscured by data that paints a broad picture of a resilient economy. Piepszak, meanwhile, now leads the company’s newly combined commercial and investment bank with her co-CEO Troy Rohrbaugh.

Persons: ”, Gregory Daco, haven’t, Skyler Weinand, Regan, “, ” Nanette Abuhoff Jacobson, Bryan Mena, What’s, Jamie Dimon, Here’s, Dimon, he’s, —, ” Dimon, can’t, “ Dimon, Marianne Lake, Jennifer Piepszak, Piepszak, Troy Rohrbaugh, Rohrbaugh, Mary Erdoes, Jeremy Barnum, Daniel Pinto, COOs Gordon Smith, Smith, Satya Nadella, Bing Organizations: CNN Business, Bell, New York CNN, Regan Capital, Santander Bank, Hartford Funds, Bureau of Labor Statistics, Federal Reserve, JPMorgan, JPMorgan Chase, Bank of America, Microsoft Locations: New York, Europe, Redmond, Washington

☆ Gen Z isn't lazy — young people just have a different idea of what work means, says Cambridge professor
▼ + stars: | 2024-05-22 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Cambridge University professor Thomas Roulet has hit back at the idea that Gen Z is lazy. He said younger people just have a different idea about what work means to them. JPMorgan CEO Jamie Dimon said people shouldn't "feel so bad" for Gen Z and millennials this week. AdvertisementGen Z is often called lazy — but a Cambridge University professor thinks younger people just have a different idea about what work means. Thomas Roulet, who teaches organizational sociology and leadership at the Judge Business School, defended the generation's work ethic in a video posted on the university's YouTube channel.

Persons: Thomas Roulet, Jamie Dimon, —, Socrates Organizations: Cambridge University, JPMorgan, Service, Judge Business School, YouTube, Business

☆ These bank stocks are expensive, along with JPMorgan, using Jamie Dimon’s math
▼ + stars: | 2024-05-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Tangible book value , a common yardstick used to value banks, measures shareholder equity minus the value of a bank's intangible assets and goodwill. Following Dimon's comments, CNBC Pro screened for banks in the S & P 500 that also sport a price-to-tangible book value of 2 or more. With a price-to-tangible book value of 2.6, Bank of New York Mellon was the most expensive name on the list. Similar to JPMorgan, Fifth Third Bancorp has a price-to-tangible book ratio of 2. Other names on the list of expensive bank stocks included U.S. Bancorp and Discover Financial Services .

Persons: Jamie Dimon's, JPMorgan Chase, Dimon, We're, Morgan Stanley, Betsy Graseck, Graseck, Bank of New York Mellon, Vivek Juneja, —, Fred Imbert Organizations: JPMorgan, CNBC Pro, Bank of New York, Fifth Third Bancorp, . Bancorp, Discover Financial Services Locations: Monday's, Cincinnati

☆ Why I Quit Goldman Sachs' Rigid, Male-Dominated Culture
▼ + stars: | 2024-05-21 | by ( Lindsay Macmillan | ) www.businessinsider.com time to read: +11 min

The lack of female leadership in the financial industry is nothing new, but many companies have been making strides. But as I watch senior women continue their exodus from Goldman, I'm not sure the company actually wants to change. While many companies have modernized to embrace hybrid and remote work, Goldman has not. Rather than changing its "be in the office every day and grind it out" culture to better suit women, Goldman puts the onus on us to change ourselves to fit the model. But Goldman leadership seems to want the benefits of gender diversity without the hard work of supporting diverse leadership styles.

Persons: Goldman Sachs, —, Dina Powell McCormick, Beth Hammack, Stephanie Cohen, Goldman, I'd, It's, it's, Morgan Stanley, Jamie Dimon, David Solomon, I'm, hadn't, Julia Boorstin, — Goldman, I've, she's, Asahi Pompey, Yassaman Salas, Rebecca Anderton, Davies, Lindsay MacMillan Organizations: Street Journal, Goldman, Citi, JPMorgan, International Workplace, McKinsey, LinkedIn, CNBC, Deloitte, Asahi Locations: Canada, London, New York

☆ Jamie Dimon might finally be ready to call it quits
▼ + stars: | 2024-05-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyA retirement loomsMarianne Ayala/BIThe world's most recognizable banker might finally be ready to call it quits. The comings and goings of Wall Street executives are common, even at the highest levels. Wall Street has long speculated about who will ultimately succeed Dimon. Martin Gruenberg has told staff he'll stand down as chairman once a replacement has been found , per The Wall Street Journal. A report from the Wall Street Journal says the company hopes to conduct its next implant in June.

Persons: —, Jamie Dimon's, Marianne Ayala, Jamie Dimon, Insider's Paul Squire, nodded, Morgan Stanley, JPMorgan's, Tom Williams, Dimon, Jennifer Piepszak, Marianne Lake, Troy Rohrbaugh, BI's Reed Alexander, Reed, M, Alyssa Powell, Goldman Sachs, Lindsay MacMillan, Nancy Lazar, Piper, Martin Gruenberg, OpenAI, Scarlett Johansson, Sam Altman's, Andrea Chronopoulos, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Navy SEAL, Business, JPMorgan, Street, Citi, Bank, Inc, Getty, Wall, Dimon, Bank of America, FDIC, Microsoft, Wall Street Journal Locations: New York, London

☆ Jamie Dimon is worried about how much the US is borrowing. Here’s why
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.

Persons: Jamie Dimon, ”, ” Dimon, “, Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown, Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, —, United, United Kingdom

☆ Don't feel bad for Gen Z and millennials — they'll work less and live longer, Jamie Dimon says
▼ + stars: | 2024-05-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

"I don't feel so bad for Gen Z and millennials," Dimon said, adding that his grandparents were Greek immigrants who arrived in the US with nothing but "a shirt on their back." "They're going to be working probably 3.5 days a week. They're going to live to 100. They're going to be in pretty good shape, provided the world doesn't destroy it all with nuclear weapons, which is the biggest risk in the world." Related storiesDimon added that in the decades ahead, younger generations would inherit trillions of dollars and benefit from mammoth investments in healthcare, education, and other areas.

Persons: —, they've, Jamie Dimon, Dimon, They're, Gen, Xers — Organizations: Service, Business, AlphaSense Locations: America

☆ Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash
▼ + stars: | 2024-05-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Related storiesDimon warned against dismissing inflation and elevated interest rates as temporary headwinds. "That's a different world for real estate. It's a different world for assets. It's a different world for private credit. In his shareholder letter this year, he called out market complacency toward the threats of inflation, interest rates, and recession.

Persons: —, Jamie Dimon, largesse, I'm, Dimon, Warren Buffett, there's, It's Organizations: Service, AlphaSense, Business, JPMorgan, Wall Locations: Ukraine, Gaza, Russia, China, It's

☆ Stock market today: Indexes trade mixed as Nvidia-led momentum takes a break ahead of earnings
▼ + stars: | 2024-05-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Stock trades fell flat as investors take a breather ahead of Nvidia's earnings. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe latest rally in stocks faltered Tuesday morning, with investors stepping back ahead of Nvidia's upcoming earnings report and further communications from Federal Reserve officials. Tuesday will also be saturated with speakers from the Federal Reserve, whose comments could provide insight into monetary policy.

Persons: —, Dow, Jamie Dimon, David Morrison, Thomas Barkin, Christopher Waller, John Williams, Raphael Bostic, Susan Collins, Loretta Mester Organizations: Fed, Service, Federal Reserve, Nasdaq, Alto Networks, Urban Outfitters, Toll, Trade Nation Locations: Here's

☆ Jamie Dimon could step down sooner than expected. Here’s who could run the country’s biggest bank
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

New York CNN —JPMorgan Chase CEO Jamie Dimon has bumped up his retirement plans, the longtime head of America’s largest bank said Monday. Over the course of his tenure at JPMorgan Chase, he’s become somewhat synonymous with the largest US bank by assets. But Dimon can’t lead forever, and at 68 years old, the question of succession has grown more important. “Everyone knows they’re going to die, but at one point it’s right here and you realize it’s true and it’s true maybe sooner than you think,” Dimon said. “And so it’s nice to end every day by saying, ‘That was a good day.’ Every meeting, that was a good meeting.

Persons: Jamie Dimon, Dimon, he’s, —, ” Dimon, “, can’t, ”, “ Dimon, Marianne Lake, Jennifer Piepszak, Piepszak, Troy Rohrbaugh, Rohrbaugh, Mary Erdoes, Jeremy Barnum, Daniel Pinto, COOs Gordon Smith, Smith, what’s, hasn’t Organizations: New, New York CNN, JPMorgan, JPMorgan Chase, Bank of America, CNN, Bloomberg Locations: New York

☆ Don't feel bad for Gen Z and millennials — they'll work less and live longer, says Jamie Dimon
▼ + stars: | 2024-05-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

"I don't feel so bad for Gen Z and millennials," Dimon said, noting his grandparents were Greek immigrants who arrived in the US with nothing but "a shirt on their back." "They're going to be working probably 3.5 days a week. They're going to live to 100. They're going to be in pretty good shape, provided the world doesn't destroy it all with nuclear weapons, which is the biggest risk in the world." Related storiesDimon also emphasized that in the decades ahead, younger generations will inherit trillions of dollars and benefit from mammoth investments in healthcare, education, and other areas.

Persons: —, they've, Jamie Dimon, Dimon, They're, Gen Z, X Organizations: Service, Business, AlphaSense Locations: America

☆ Stock market today: Indexes end mostly higher with Nvidia shares jumping as excitement builds ahead of earnings
▼ + stars: | 2024-05-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks traded mostly higher on Monday, with shares of Nvidia leading the way. Nvidia stock surged about 3% ahead of its first-quarter earnings results on Monday. JPMorgan weighed down the Dow after CEO Jamie Dimon said now is not the time to buyback stock. AdvertisementMajor US stock indexes were mostly higher on Monday, with Nvidia stock leading the way with a gain of nearly 3% ahead of its hotly anticipated first-quarter earnings report on Wednesday. JPMorgan CEO Jamie Dimon struck a cautious tone on the economy on Monday, highlighting that today's geopolitical tensions represent risks not seen since World War II.

Persons: Jamie Dimon, —, Dimon Organizations: Nvidia, Monday, JPMorgan, Dow, Service, Nasdaq, Dow Jones

☆ Jamie Dimon says a BofA banker's untimely death sparked questions inside JPMorgan: 'What can we learn?'
▼ + stars: | 2024-05-20 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

At the time, Dimon said, the priority was to understand "what we do know, what can we learn from it." Dimon's comments come as the investment-banking industry grapples with the surprising deaths of not one but two deaths at BofA this month. "We're aware of these stories, and they are tragic and incredibly sad," Rohrbaugh continued, calling it the "job" of bank leaders to look after employees' health on the job. AdvertisementCurrent and former employees at BofA told Business Insider that 100-hour workweeks were not unusual at the bank. Earlier this month, a BofA spokesperson told BI of Lukenas' passing: "We are very saddened by the loss of our teammate.

Persons: Jamie Dimon, JPMorgan Chase, Leo Lukenas III, Robin Leopold, Dimon, Troy Rohrbaugh, Rohrbaugh, Lukenas, headhunter Douglas Walters, Adnan Deumic, cardigan, Reed Alexander Organizations: Service, JPMorgan, Bank of America, Business, New York, Medical, BofA, Reuters, GrayFox, Bloomberg, Wall Locations: America's, BofA, London

☆ JPMorgan CEO Jamie Dimon signals retirement is closer than ever
▼ + stars: | 2024-05-20 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Jamie Dimon, CEO of JPMorgan Chase, at the U.K. Jamie Dimon's days as CEO of JPMorgan Chase are numbered — though its unclear by how much. In a response to a question Monday about the bank's succession planning, Dimon indicated that his expected tenure is less than five more years. That's a key change from Dimon's previous responses to succession questions, in which his standard answer had been that retirement was perpetually five years away. Even when he steps down as CEO, however, it's likely he will stay on as the bank's chairman, JPMorgan has said.

Persons: Jamie Dimon, JPMorgan Chase, Jamie Dimon's, That's, Dimon, I've, Marianne Lake, Jennifer Piepszak, it's Organizations: JPMorgan, U.K, Global Investment Locations: Hampton, London, York, America

☆ JPMorgan is well diversified, says Gabelli Funds' Macrae Sykes
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan is well diversified, says Gabelli Funds' Macrae SykesMacrae Sykes, portfolio manager at Gabelli Funds, joins 'Squawk Box' to discuss Jamie Dimon's tenure at JPMorgan, capital requirements in Basel III Endgame, and more.

Persons: Macrae Sykes Macrae Sykes, Jamie Dimon's Organizations: JPMorgan, Gabelli Locations: Basel

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