JPMorgan Chase & Co. (JPM) Bernstein 42nd Annual Strategic Decisions Conference May 27, 2026 9:00 AM EDT
Company Participants
James Dimon – Chairman & CEO
Conference Call Participants
Kenneth Usdin – Bernstein Autonomous LLP
Presentation
Kenneth Usdin
Bernstein Autonomous LLP
Okay. Good morning, everybody, and welcome to the 42nd Annual Strategic Decisions Conference. I’m Ken Usdin. I’m the large-cap banks analyst here at Autonomous. Really happy to be back. And also joining us today for our first session, Jamie Dimon, Chairman and CEO of JPMorgan Chase. Jamie has led the company for over 20 years since becoming the CEO in 2006, and JPMorgan Chase has grown to now being the largest bank in the U.S. with nearly $5 trillion in assets. So Jamie, thank you very much for being here today with us. Just as a reminder, before we go, there’s the Pigeonhole app you can submit questions through.
Question-and-Answer Session
Kenneth Usdin
Bernstein Autonomous LLP
And we’re going to start big picture. Jamie, so you’ve described the environment as cautiously optimistic, but recent company update and earnings, you talked also about several existing risks out there. So walk us through your base case of how you see the economy progressing from here across the different areas of the bank and what may be your top concerns as we look forward.
James Dimon
Chairman & CEO
Okay. So welcome, everybody. I think I was cautiously pessimistic because I am quite cautious. And — and also just as a matter, a base case is a mistake in this kind of environment because it’s kind of a false sense of security that somehow you think this is a forecast and it will be a little bit better, a little bit worse than that. I think it’s more dramatic than that today. And so if you look at like the short run, the
