Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, this week, putting an end to years of head-butting between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

The largest US bank set up a "war room" to comb through all of the new policies issued by the new president on his first day in office, according to JPMorgan head of asset and wealth management Mary Callahan Erdoes.

In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice words regarding the activists: “Bring them on.” The comments were made Wednesday on CNBC’s “Squawk Box” program, filmed at the World Economic Forum in Davos, Switzerland.

CEOs on the defensive after the President's comments at World Economic Forum Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.

JPMorgan Chase & Co.’s dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but the boss of the biggest US bank is striking a more cautious tone.

Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.

An unexpected development occurred when Jamie Dimon, the CEO of JPMorgan Chase, openly praised Tesla CEO Elon Musk in a recent interview at the World Economic Forum in Davos, Switzerland. Over the years,

JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Sectio

DAVOS, SWITZERLAND — JPMorgan Chase (JPM), like the rest of the world, is scrambling to figure out what the start of Trump 2.0 means. The largest US bank set up a "war room" to comb through all ...

Amid Trump-fueled euphoria, the Wall Street giant's longtime CEO asserts growth remains "the only real solution" to reducing risks from deficits.

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