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You have successfully joined our subscriber list. Although the CEO has always been a Bitcoin bear, other executives at JPMorgan are open-minded to crypto. The chairman and CEO of investment banking company JPMorgan Chase & Co (NYSE: JPM) Jamie Dimon said in a recent interview that he is not a Bitcoin supporter. The CEO’s declaration on Bitcoin came after several reports that JPMorgan would be rolling out a Bitcoin Fund for clients. While speaking during The Wall Street Journal CEO Council Summit, held on the 4th of May, the JPMorgan chairman said: “I don’t care about bitcoin. I have no...

JPMorgan CEO Jamie Dimon says he's still a crypto skeptic: 'I'm not a bitcoin supporter. I have no interest in it' CNBC 5/4/2021 © Provided by CNBC Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Though JPMorgan Chase will reportedly offer a bitcoin fund for wealthy clients, chairman and CEO Jamie Dimon still isn't personally sold on the cryptocurrency. "I'm not a bitcoin supporter," Dimon said during The Wall Street Journal CEO Council summit on Tuesday. "I don't care about bitcoin. I have no interest in it." "On the other hand, clients are interested, and I don't tell cli...

"Blockchain is real. We use it," according to Dimon. "But people have to remember that a currency is supported by the taxing authority of a country, the rule of law, a central bank." It's not the first time Dimon has been bearish on bitcoin, the largest cryptocurrency by market value. In September 2017, Dimon called bitcoin "a fraud" at the Delivering Alpha conference presented by CNBC and Institutional Investor. "It's just not a real thing, eventually it will be closed. It won't end well." But a few months later in January 2018, Dimon he had "regret" about making the comment. "I'm not intere...

Elizabeth Warren's plan for a 2% tax on wealth over $50 billion is unworkable, over-reaching, and morally wrong, if you listen to a trio of people who'd have to pay it. Warren has proposed paying for a Medicare for All health care system by putting a 2% tax on wealth over $50 billion and an... Read More...

Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-... Read More...