Jamie Dimon, the CEO of JPMorgan Chase, the largest bank in the US, has shared his views on Elon Musk, the founder and CEO of Tesla, SpaceX, and several other innovative companies. Dimon was speaking at the DealBook conference, an annual event hosted by the New York Times that features interviews with prominent business and political leaders.
Dimon praised Musk as a “brilliant” person who has “pluses and minuses” and said he admires his entrepreneurial spirit and vision. He said Musk has “done some amazing things” in the fields of electric vehicles, space exploration, and renewable energy. He also acknowledged that Musk has faced some challenges and controversies, such as his clashes with regulators, investors, and the media.
Dimon said he does not know Musk personally and has never met or communicated with him. He said he does not follow Musk on Twitter, where the latter often posts provocative and sometimes misleading statements. He said he does not have any business relationship with Musk or his companies, and that JPMorgan does not provide any banking or financial services to them.
Dimon also commented on the recent lawsuits that JPMorgan is facing over its ties to Jeffrey Epstein, the late financier and convicted sex offender who was a client of the bank for more than a decade. Dimon said he had never heard of Epstein or his crimes until he was arrested in 2019 and that he regrets that the bank did not cut off its relationship with him sooner. He said he has cooperated with the authorities and provided a formal statement in the cases.
Dimon said he is confident that JPMorgan acted ethically and legally in its dealings with Epstein and that the bank is not liable for any of his actions. He said the bank has sued Jes Staley, a former executive who was close to Epstein and later became the CEO of Barclays, for hiding Epstein’s crimes and keeping him as a client. He also accused the government of the US Virgin Islands, where Epstein owned a private island, of being corrupt and accepting bribes and favors from Epstein.
Dimon said he is proud of JPMorgan’s performance and reputation and that he plans to continue leading the bank for the foreseeable future. He said he is focused on growing the bank’s business, serving its customers, and supporting its employees. He said he is optimistic about the economic recovery and the opportunities for innovation and growth in the post-pandemic world.
Post a Comment