Jamie Dimon said that the banking crisis is not over yet and that it will cause repercussions in the future.
Jamie Dimon He is the CEO of JP Morgan & Chase. However, the CEO made comments about the bankruptcy of the banks recently.
CEO of JP Morgan & Chase Speaks About Banking Crisis
in the past weeks USA He talked about the banking crisis in . CEO, Jamie Dimon thinks the repercussions of this banking crisis will continue. However, the banking crisis we experienced last week also affected the crypto industry, giving Circle a headache.
Jamie Dimon, longtime JPMorgan & Chase CEO, said in his annual letter about the latest financial shock:
“The current crisis is not over yet, and even if it is left behind, its repercussions will be in the years to come.”
His letter, published on Tuesday, included the following statements:
“But the most important part of the situation is that recent events are nothing like what happened during the 2008 global financial crisis.”
Recent banking problems in the US began with the collapse of Silicon Valley Bank, which was shut down by regulators on March 10 after depositors pulled tens of billions of dollars from the bank. The CEO thinks that we will feel the echo of these sinkings in the coming years.
