Comment & Analysis
Banks should not be shamed into a do-gooder lending binge
Jamie Dimon is not running a charitable foundation. JPMorgan Chase, the bank he has led for the past 14 years, made a $36bn net profit last year. Yet in last week’s annual letter to shareholders, Mr Dimon pledged the bank would lend an extra $150bn to clients. “Knowing there will…
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Click here to read the full story: Financial Times