Loading ...U.S. interest rate policy and American financial regulation, among other topics. It comes amid an uncertain time for large banks, which have recently faced global economic confusion, monetary policy changes and political rhetoric against Wall Street.
Debate about the U.S. banking system’s safety has raged on the campaign trail, and Sen. Bernie Sanders of Vermont has made breaking up big institutions a cornerstone of his Democratic presidential campaign. A call for more regulation has also come from the Federal Reserve ranks, as Minneapolis Fed President Neel Kashkari warned this week that significant risks still linger in the banking system.
Dimon noted that the bank is not worried about the possibility of negative interest rates in the United States.
He also addressed the a possible “Brexit,” or Britain leaving the European Union. Dimon argued that, while Britain could potentially thrive on its own, its departure may disrupt the European economy.
“The range of outcomes of a Brexit is large and potentially unknown,”