Jamie Dimon understands why people are anti-rich: ‘We have, in fact, left the lower-income folks behind’ and ‘that’s kind of annoying’

JPMorgan Chase on track to become world's first bank with a $1 trillion valuation

JPMorgan Chase is nearing a $1 trillion market valuation, a historic milestone for a bank. The lender's shares reached a record high after reporting its highest quarterly profit ever. Analysts expect dealmaking activity to remain strong through the rest of 2026. This achievement would place JPMorgan alongside major technology giants like Tesla and Meta. The bank's diversified business model and strong leadership contribute to its impressive performance.

By TOI BUSINESS DESK

Dimon-led JPMorgan on verge of becoming world's first $1 trillion bank

JPMorgan Chase has rewritten industry record books in two decades under Jamie Dimon. And the Wall Street giant is now within ​striking distance of another milestone – becoming the...