trending Market Intelligence /marketintelligence/en/news-insights/trending/GqKw0aG-_84UN9bIeBeFIg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

War of words continues between Jamie Dimon, Camden Fine

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


War of words continues between Jamie Dimon, Camden Fine

The back-and-forthbetween JPMorgan Chase & Co.Chairman, President and CEO Jamie Dimon and Independent Community Bankers of AmericaPresident Camden Fine continued after the JPMorgan chief called Fine a "jerk"during a phone in interview on CNBC.

"I thinkthe guy who wrote that is a jerk," Dimon said, referring to a made by Fine in an April 9 reportfrom BloombergNews.

"Just becauseJamie Dimon says 'let's sing kumbaya' doesn't mean community banks are going tojust line-up like a Greek chorus," Fine had said, reasoning that big banksare just concerned over the political climate. He was responding inturn to an earlier op-edpiece written by Dimon and published in TheWall Street Journal on April 9, where he called on banks of all sizes to .

In the CNBCinterview, Dimon added that "bank-on-bank violence" should stop, sayingthat big banks like JPMorgan "were there for them [small banks]" duringthe financial crisis "when everybody else was running to the exits." Healso said that the refusal of banks to work together ultimately "denigratesthe country."

Responding toDimon's newest statements, Fine likened the JPMorgan's chief's language to thatof a junior high-schooler. "To be called a jerk by Jamie Dimon — I take asa badge of honor," Fine told CNNMoney in a phone interview.