Jamie Dimon warns of ongoing banking crisis and criticizes regulators.

JPMorgan Chase CEO Jamie Dimon has criticised US banking regulators for failing to see risks that were "hiding in plain sight" and giving incentives to lenders such as Silicon Valley Bank to stock up on Treasury bonds, the value of which tanked as the Federal Reserve hiked interest rates. Dimon warned that the repercussions of the collapse of Silicon Valley Bank and other lenders will be felt for years to come, but said it won't be like 2008 and that regulators shouldn't overreact. He also sounded an optimistic note about the US economy, citing "10 years of home and stock price appreciation" as well as wages that are "going up, particularly at the low end."