Jamie Dimon warns of long-lasting repercussions from banking crisis.

TL;DR Summary
JPMorgan Chase CEO Jamie Dimon has warned that the banking crisis caused by two bank failures in the US last month is still a threat and will have repercussions for years to come. He called for a reimagining of the regulatory process and cautioned against knee-jerk changes to the system. Dimon also stressed the importance of strengthening smaller banks for the benefit of the whole financial system and called for more forward-looking regulation. He also touched on the need for investments in climate technology and resiliency programs and the rise of artificial intelligence.
Topics:business#banking-crisis#finance#jamie-dimon#jpmorgan-chase#regulatory-process#too-big-to-fail
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