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Savvy Leadership, Slow Loan Growth

Associate Software Developer
Former Employee
Worked at JPMorgan Chase for 1 year
October 5, 2023
Mumbai, Maharashtra
5.0
RecommendsPositive OutlookApproves of CEO
Pros

Leadership. JPMorgan CEO Jamie Dimon is perhaps the world’s most savvy banker. Because of his focus on creating a “fortress balance sheet,” he was able to deal effectively with the financial crisis of 2008. In fact, he capitalized on the situation with smart acquisitions, such as Bear Stearns and Washington Mutual.

Cons

Loan growth is still tepid. In the latest quarter, there was a 1% decline. While things should improve, it will likely continue to be at a sluggish rate. However, there could be a big problem if the U.S. economy slows down. With the budget impasse on Capitol Hill and the problems in Europe, the risks are certainly increasing.

Advice to Management

No

Additional Ratings

Work/Life Balance
5.0
Culture and Values
5.0
Diversity, Equity, and Inclusion
5.0
Career Opportunities
5.0
Compensation and Benefits
5.0
Senior Management
5.0

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