JPMorgan’s chairman and chief executive Jamie Dimon
On a conference call arranged by Bernstein at the beginning of July, JPMorgan’s chairman and chief executive Jamie Dimon was on his usual bombastic form, but one statement stood out.
When asked by the moderator “Is there a bull case for the profitability of the banking industry?”, he replied: “You’re going to have a golden age of banking. You have a golden age of banking.”
In case anyone doubted his own genius, he prefaced his reply with: “You guys thought I was kidding when, years ago, I said you’re going to have a golden age of banking.
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