JPMorgan Chase CEO Jamie Dimon wrote about the collapse of Silicon Valley Bank and ongoing turmoil within the financial sector in a letter to shareholders.
the chief executive of America's largest bank offered his assessment of the banking crisis that has gripped global markets for weeks and urged federal regulators to refrain from "overreacting" with more rules and regulations.
JPMorgan Chase CEO Jamie Dimon during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, on March 6, 2023. The Fed also launched a new emergency backstop for lenders to help them meet deposit withdrawals under favorable terms.
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