JPMorgan CEO Jamie Dimon Downplays Threat from Facebook’s Libra

In an interview with Yahoo Finance Thursday, JPMorgan Chase CEO Jamie Dimon was asked about Facebook’s “cryptocurrency” Libra coin. The Wall Street royal brushed it off along with other cryptocurrencies. He pointed out that competition is inevitable in business. Dimon assured anyone listening that JPMorgan Chase is going nowhere and then rattled off a list of his company’s new initiatives and products. With a straight face, Dimon listed free trading like he invented it […]

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