Jamie Dimon has mostly won over critics that claimed his bank J.P. Morgan Chase should be broken up. But he’s done it, in part, by pairing down. J.P. Morgan is still the biggest bank in the U.S., but since last year its assets have shrunk by $150 billion to $2.4 trillion. Among the big banks it has appears to have figured out how to navigate the post-financial crisis landscape the best. The bank says it believes its bottom line will reach $30 billion by 2019.
News about J.P. Morgan Chase
Claiming pay discrimination against women and mortgage discrimination against minority borrowers.
He was accused of conspiracy, wire fraud, and bank fraud.
It's also been trying to lend more to wealthy customers.
It's not just the market.
A lending slowdown keeps the bank out of an exclusive club.
Videos about J.P. Morgan Chase
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