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Business Quotes by Jamie Dimon

60 Business quotes by Jamie Dimon

All Business quotes Jamie Dimon’s page

Jamie Dimon points out that trade lifts a country but isn’t a win for every company. He says JPMorgan stayed proud during crises and built its strength on many employees. He also stresses that a bank should serve customers, not chase profit, and invest in core businesses where it can use scale and expertise.

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All businesses tend to pass costs onto customers.

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We continued to build the business, even in the worst of times. We do business all over America.

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Businesses can be opaque. They are complex. You don't know how aircraft engines work either.

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The best way to look at any business is from the standpoint of the clients.

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We're diversified, we're stable and consistent. Our businesses benefit from each other.

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I am not embarrassed to be a banker. I am not embarrassed to be in business.

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We're going to do the right thing for the company and our customers, all things considered.

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You don't run a business hoping you don't have a recession.

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Capping the size of American banks won't eliminate the needs of big businesses; it will force them to turn to foreign banks…

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Companies that build scale for the benefit of their customers and shareholders more often succeed over time.

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People need to understand: Businesses are going to make mistakes. They shouldn't be shot and hung every time.

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Our commercial bank [JPMorgan] is only in the U.S. We are serving what you call SMEs - small businesses, private companies.

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The denigration of business hurts America, because the secret sauce for our economy is confidence. I don't want to hear that nonsense…

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We represent companies from around the world who say, "I want to look at Japanese companies. I want to invest in Japan."

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When the government gets involved in pricing, I don't think it's the right way to look at a business.

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No one has the right to not assume that the business cycle will turn! Every five years or so, you have got…

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They'll [China] probably be a fully developed nation. The road there just is not going to be that easy. You're going from…

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Business has to have a seat at the table. Infrastructure isn't going to be built properly if business doesn't have a seat…

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As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive…

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We're trying to win business by doing a good job for the clients, as opposed to, "We think being big and universal…

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If I ran the whole place like it was my way or the highway, we would not be as good a company.…

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Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the…

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If you look at the banking business over many years, it's always been a huge user of technology. This has been going…

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The question is how do you do it [more consumer protection] so that it actually works that way? And that takes analysis,…

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If you look at Detroit, that mayor, it's been a train wreck for 40 years, the population has gone from 2 million…

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At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a…

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The best way to look at any business is from the standpoint of the clients. So there are these certain basic things…

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I also think you have to be very careful. I mean, the heritage of our company is very strong, and building some…

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I've always wanted to help build a better society and build a better company, and I always wanted a healthy, vibrant company,…

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Good regulation should be conducive to business and to customer protection.

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After the tsunami in Japan, we were open for business. In fact, I flew there 10 days after the tsunami to show…

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Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth.…

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Our plate is full. We have a lot to do building our company organically and that is our key focus.

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We have a lot of people who are Republicans, a lot of people who are Democrats, and it's not just because of…

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If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage…

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Their [American banks] big issue will be if they want to deal with the biggest companies, which are doing a lot of…

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Look, every institution will make mistakes. I acknowledge we make mistakes, and they can hurt my reputation and our company's. But you…

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I advise other companies' CEOs, don't fall into the trap where you go, 'Where's the growth? Where's the growth?' Where's the growth?'…

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We use technology to make it cheaper, better, and faster for the client. And then if you have the most flow, you…

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It's an advantage for both parties to have the other. It also creates good stability of earnings. Our business mix means we…

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More by Jamie Dimon

I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster.…

I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…

The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to…

People always say to me, "What if it doesn't work?" If it doesn't work, we redouble our effort. We're not going to cry like…

We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools…

You know, the benefit in life is to say, 'Maybe you made a mistake, let's dig deep.

JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We…

Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good…

I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.

As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for…

Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period,…

I do want the tax system to be efficient and be conducive to growth, which it is not.

There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.

It's good for America when the rest of the world grows, because you can sell more to the rest of the world.

We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.