How Jamie Dimon Built Chase Into the U.S.’s Most Powerful Bank | WSJ

Jamie Dimon, CEO of JPMorgan Chase, is among the most powerful names in the banking industry. How did he come to acquire banks like First Republic Bank, Bear Stearns and Washington Mutual? WSJ explains how Dimon’s risk management strategy, including his ‘fortress balance sheet,’ propelled him to the top of the largest U.S. bank, and how he has used that role to become the go-to voice for the banking world. 0:00 Dimon’s bank owns roughly 13% of the nation’s deposits 0:38 Dimon’s history and banking strategy 2:06 JPMorgan Chase’s size 4:44 Dimon’s influence on the banking industry 6:20 Dimon’s future News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories into bite-size pieces to help you make sense of the news. #Chase #Investing #WSJ