Insider selected 11 slides that best encapsulate the bank's challenges and opportunities going into 2024. JPMorgan unleashed hundreds of slides on Monday to reassure investors that its growth and spending strategy is on the right track. I learned that lesson over many years," he said. "The question I got was how do you show gratitude to your direct reports? A couple of my direct reports were in the room and they burst out laughing," he said, adding that he's not always been as good as he should be at showing appreciation. He told a story about actor Jason Sudeikis of "Ted Lasso" fame attending one of the bank's meetings. He said he was proud watching his team get up to present on Monday, and acknowledged that he may not always show them the appreciation they deserve. He admitted he can be "intense," saying "I'm not going to change, I'm not going to play golf." He added: "I think when I don't have that intensity, I should leave." He did, however, outline the qualities he thinks would make for a good replacement CEO, including grit and courage.ĭimon, 67, also answered questions about his management style. When asked about JPMorgan's CEO succession plan, Dimon said it remains the same as before without providing any details. This year, the annual event ended on a high note with the bank's larger-than-life CEO Jamie Dimon taking the stage to answer questions about his succession and management style. Find 22 ways to say LYING DOWN, along with antonyms, related words, and example sentences at, the world's most trusted free thesaurus. JPMorgan has been put through the wringer over its spending before, including during last year's investor day when the issue drew scrutiny from investors and Wall Street analysts. (In good news, JPMorgan's acquisition of the San Francisco bank known for its chocolate chip cookies, is already paying off, executives said.) The regional banking crisis, meanwhile, could end up costing it $6 billion, including the cost of First Republic Bank.Ī tray of First Republic chocolate cookies served at JPMorgan's Investor Day The bank's tech spending is estimated to grow by $1 billion this year to $15.3 billion, including salaries for engineers, stepped-up cybersecurity efforts, and AI innovation. They told investors seated at round tables that spending continues to grow, especially on tech, as they seek to innovate across their business line while also protecting customers. JPMorgan's executives took to the stage at the bank's 383 Madison Avenue headquarters on Monday to convince investors that they are making sound business and spending decisions despite rising interest rates, a muted M&A and IPO market, and a regional banking crisis. Yet the nation's biggest bank by assets continues to spend big on technology. The world has changed since Jamie Dimon declared war on fintechs in 2021. Synonyms for lying down include horizontal, reclining, recumbent, leaning, resting, lying back, supine, lying, stretched out and prostrate. The money will go to salaries for engineers, stepped-up cybersecurity efforts, and AI innovation.It said it plans to spend $15.3 billion on tech this year, up $1 billion from last year.JPMorgan outlined its growth and spending plans at its 2023 Investor Day on Monday.meanings of lying down will be translated.Account icon An icon in the shape of a person's head and shoulders. Input a term lying down by either copy & post, drag & drop, or simply by typing in the search box. This page is an online lexical resource, contains a list of the lying down like words in a Bengali language in the order of the alphabets, and that tells you what they mean, in the same or other languages including English. Thesaurasize - When you need a better lying down word. Indian Official Languages Dictionary is significantly better than Google translation offers multiple meanings, alternate words list of lying down lying down phrases with similar meanings in Bengali বাংলা, Bengali বাংলা dictionary Bengali বাংলা lying down translation lying down meaning lying down definition lying down antonym lying down synonym Bengali language reference work for finding synonyms, antonyms of lying down. Find the perfect synonym of lying down using this free online thesaurus and dictionary of synonyms. Thesaurus: Synonym & Antonym of lying down Lying down in Bengali Bengali of translation of lying down Bengali meaning of lying down what is lying down in Bengali dictionary definition, antonym, and synonym of lying down Lying down | Bengali dictionary translates English to Bengali and Bengali to English lying down words lying down phrases with lying down synonyms lying down antonyms lying down pronunciations.
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