JPMorgan Chase CEO sees Google as a challenging bank
JPMorgan Chase’s Jamie Dimon isn’t just keeping an eye on other financial institutions like Wells Fargo and Bank of American. The company’s CEO is also sizing up Google and its online services like Wallet. “We move $10 trillion a day,” Dimon said today at the Euromoney Saudi Arabia conference in Riyadh. “We’re one of the largest payments systems in the world. We’re going to have competition from Google and Facebook and somebody else.”
