His arrogance knows no bounds. This is the same company that said bitcoin was a fraud and now have said it's going to $400k. This man will be out in the next couple years if he keeps talking like this. Just because he wants something to be true, doesn't mean it is. JPMorgan will continue to lose talent to more contemporary companies and as the money makes the generational switch, more and more customers will find better ways of doing business. The only constant is change. These are just more words this guy will have to eat later....
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Those were my thoughts. As other options for people open up and they look at the job market to serve themselves as opposed to just the company, we might start to see the talent move elsewhere.
Besides, banking as we know it is a dying industry. I am not sure the likes of Dimon realize that but they are going the way of the newspapers and video cassette rental comapnies.
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