JPMorgan Chase & Co. (JPM) Bernstein forty second Annual Strategic Choices Convention Could 27, 2026 9:00 AM EDT
Firm Contributors
James Dimon – Chairman & CEO
Convention Name Contributors
Kenneth Usdin – Bernstein Autonomous LLP
Presentation
Kenneth Usdin
Bernstein Autonomous LLP
Okay. Good morning, all people, and welcome to the forty second Annual Strategic Choices Convention. I am Ken Usdin. I am the large-cap banks analyst right here at Autonomous. Actually completely satisfied to be again. And likewise becoming a member of us as we speak for our first session, Jamie Dimon, Chairman and CEO of JPMorgan Chase. Jamie has led the corporate for over 20 years since changing into the CEO in 2006, and JPMorgan Chase has grown to now being the most important financial institution within the U.S. with almost $5 trillion in belongings. So Jamie, thanks very a lot for being right here as we speak with us. Simply as a reminder, earlier than we go, there’s the Pigeonhole app you’ll be able to submit questions by means of.
Query-and-Reply Session
Kenneth Usdin
Bernstein Autonomous LLP
And we’ll begin massive image. Jamie, so you’ve got described the atmosphere as cautiously optimistic, however latest firm replace and earnings, you talked additionally about a number of present dangers on the market. So stroll us by means of your base case of the way you see the economic system progressing from right here throughout the totally different areas of the financial institution and what could also be your prime issues as we glance ahead.
James Dimon
Chairman & CEO
Okay. So welcome, all people. I feel I used to be cautiously pessimistic as a result of I’m fairly cautious. And — and in addition simply as a matter, a base case is a mistake in this sort of atmosphere as a result of it is form of a false sense of safety that someway you assume it is a forecast and will probably be slightly bit higher, slightly bit worse than that. I feel it is extra dramatic than that as we speak. And so when you take a look at just like the quick run, the

