Advantage Quote by Jamie Dimon
“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 both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."”
About This Quote
The bank leverages its commercial arm to feed the investment division, creating a reciprocal advantage where each unit gains business and market insight.
In simple terms: Cross‑selling between banking units boosts both sides.
Key Takeaway
Integrated services generate competitive edge.
Themes
banking strategy
cross‑selling
competitive advantage
Mood
strategic
optimistic
Type
business insight
financial commentary
When to use this quote
- investment banks seeking new deal flow
- commercial banks expanding service offerings
Key Concepts
client relationship management
Practical Applications
- formalize referral pipelines
- train staff on cross‑sell opportunities
Questions to Reflect On
- What risks arise from too much internal referral?
- How does this affect client independence?
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![“I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster. But we didn't. And some of that was Republicans' [fault], by the way.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/c6a/jamie-dimon-1320_crisis_i-think-if-we-had-another-set-of-policie_34817.jpg)
![“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, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/04a/jamie-dimon-1320_assets_not-every-company-went-bankrupt-not-ever_128310.jpg)
![“There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/8c9/jamie-dimon-1320_agree_there-are-parts-in-dodd-frank-that-i-don_147410.jpg)
![“Next came the Patent laws. These began in England in 1624; and, in this country, with the adoption of our constitution. Before then [these?], any man might instantly use what another had invented; so that the inventor had no special advantage from his own invention. The patent system changed this…” quote by Abraham Lincoln](https://sms4smile.com/quotes/img-quotes/449/abraham-lincoln-88_adoption_next-came-the-patent-laws-these-began-in_1828.jpg)
![“If [Donald] Trump throws 20 million off of health care, that's going to be - if he handles this badly - and it's very hard to handle it right, then that's a - a huge advantage in the mid-terms for us.” quote by Van Jones](https://sms4smile.com/quotes/img-quotes/f4d/van-jones-984_advantage_if-donald-trump-throws-20-million-off-of_12893.jpg)
