3. He's Got High Hopes
I hear from ... some other banks, [that there's] small business loan growth. The fact is the economy isn't that bad for corporate America, middle market companies, small business are okay. There's a lot of liquidity. Sales are showing modest growth, we are starting to see in our calculations. Some of what we get is market share gains.
— Jamie Dimon asked why the loan growth and economic comments sound so positive when the economy doesn't.
Source: Wall Street Journal
Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio