JPMorgan Chase CEO warns: "The third battle has begun"
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Jamie Dimon, CEO of JPMorgan Chase, warned at the International Financial Association conference that geopolitical risks have surpassed economic prospects, stating that "the third world war has already begun." He expressed regret over the Russia-Ukraine conflict and the situation in the Middle East, noting an increase in cooperation among American adversaries. His bank's risk management team has conducted scenario analysis to assess the potential impact of global conflicts on the economy. Dimon is considered a candidate for future Treasury Secretary, and despite his close ties to the Democratic Party, he also commands respect from both parties
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