Jamie Dimon warns of ongoing banking crisis repercussions.

Jamie Dimon, CEO of JPMorgan Chase, has warned that the crisis facing the US banking system "is not yet over" in his annual letter to shareholders. He noted that the recent collapse of two major US banks and the failures of Silicon Valley Bank and Signature Bank had provoked "lots of jitters in the market" and were likely to prompt lenders to pull back in the months ahead, increasing the odds of an economic recession. However, he did not expect the turmoil to lead to a global crisis akin to 2008, noting that it involved "involved fewer players and fewer issues".