• JPMorgan Chase CEO Jamie Dimon talks NC expansion strategy

    By: Lauren Ohnesorge, Triangle Business Journal


    CHARLOTTE, N.C. - Jamie Dimon, the billionaire CEO and chairman of finance giant JPMorgan Chase & Co., says the bank’s expansion in North Carolina is a long time coming — and a unique differentiator amid a competitive global market.

    Speaking exclusively to the Triangle Business Journal after cutting the ribbon on the Chapel Hill branch — JPMorgan’s first retail Chase location in North Carolina — he talked candidly about strategy, the Triangle and trade issues that could impact banks and their customers everywhere.

    [ALSO READ: Big banks' turf battle is heating up in Charlotte]

    Dimon claims he doesn’t care about quarterly earnings.

    What he cares about, he says, is people and products — the numbers follow.

    “The results go up and down based on the economy,” he says. “We’re consistently investing… that’s how you win.”

    That includes investing in JPMorgan’s people – from training programs to on-the-job benefits.

    And it’s going to be looking for a lot of talent, as it’s already announced new branches are coming in Raleigh and Charlotte — the first of what’s expected to be 40 branches in the state. Altogether, it’s expecting to create 250 local jobs.

    Read the full story here.

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