JPMorgan CEO Dimon Says, 'Wouldn't Even Try' to Buy a European Bank

Can you talk to me a little bit about JP Morgan and how you mean you've had a number of high profile departures. How does that change actually the way you focus your business and how you run things going forward? Nothing 0. If you were to buy anything, what would you buy? Oh, that's different. We can't buy banks. You do know that. So you know, you could buy your European bank, could you? I I wouldn't even try. I think the American who hated, I think the regulators who would hate it, even if they said go ahead and do it, I'd probably be in courts and things for a year and a half. Huge distraction to my own company. I'd rather just say we want to add clients in this country and clients in that kind will add bankers and technology and branches. It's just a better way for us to grow, OK. But if you could buy anything, I mean not, I can't tell you, but you're thinking of something. Yeah, we always look at stuff. We're not looking at any major acquisitions, technology. We only think what we're doing, we're adding literally we have Investor Day next week. We're adding retail and wholesale branches. We're adding them in the United States. We're all almost all the major 100 cities there now. We're adding commercial banking all over Europe and Asia. We're adding technology around payments and even the blockchain called Onyx to move data and maybe move money one day. We're constantly investing. We have 200 people, 2000 people, AI and machine learning for use cases on the way to probably 800. So if I speak to you in five years, how much bigger and how much You'll probably be speaking to a fake diamond who's just answering questions. An avatar, Yeah.

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