Russia’s invasion of Ukraine has created an “unprecedented” situation that could create economic turmoil around the world, warned JPMorgan chief executive Jamie Dimon in his annual letter to shareholders.
Russia’s invasion of Ukraine has created an “unprecedented” situation that could create economic turmoil around the world, warned JPMorgan chief executive Jamie Dimon in his annual
Dimon said uncertainty surrounding the conflict—including how long it might last, further Western sanctions, Russian responses to sanctions, wider impacts on supply chains and the refugee crisis it has created—made it hard to gauge the overall outcome, but noted it is already having a “substantial economic impact” and has “roiled global oil, commodity and agricultural markets.”
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jamie Dimon warns JPMorgan could take $1B hit over Russia-Ukraine warJPMorgan Chase boss Jamie Dimon said the bank stands to take a $1 billion hit as it unwinds its business interests in Russia over the Ukraine war – warning the invasion will have major implications…
Read more »
Dimon Says Confluence of Inflation, Ukraine War May ‘Dramatically Increase Risks Ahead' for U.S.Jamie Dimon’s annual letter to JPMorgan shareholders, read widely in business circles, took a more downcast tone from his missive just last year.
Read more »
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s DimonI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
Read more »
Jamie Dimon: The war in Ukraine will slow the economy and it could 'easily get worse'Jamie Dimon, one of the world's most influential business leaders, warned in his annual shareholder letter that the war in Ukraine poses a significant threat to the economic recovery that began less than two years ago.
Read more »
JPMorgan CEO Jamie Dimon Says Big Risks Loom for the U.S. EconomyMr. Dimon warned that the war in Ukraine could collide with rising inflation to slow the pandemic recovery and alter global alliances for decades to come.
Read more »
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s DimonI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
Read more »