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Dimon Says JPMorgan's Rivals Are Doing 'Dumb Things'

By Bloomberg Markets and Finance February 24, 2026 Neutral
Dimon Says JPMorgan's Rivals Are Doing 'Dumb Things'
JPMorgan CEO Jamie Dimon, when asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. “I see a couple people doing some dumb things," Dimon told investors on Monday.
JPMorgan CEO Jamie Dimon, when asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. “I see a couple people doing some dumb things," Dimon told investors on Monday.