JPMorgan ChaseMógēn Dàtōng摩根大通CEO / chief executive officershǒuxí zhíxínggōng首席执行官to state / to indicatebiǎoshì表示,bankyínháng银行may / possiblyhuò或to spend / to investchīzī斥资$20 billion200 yì měiyuán200亿美元to carry out / to conductjìnxíng进行acquisition / takeovershōugòu收购。
May 28, 2026 at 10:00 AM
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BusinessJPMorgan CEO Dimon Says Bank Could Spend $20 Billion on Acquisition
JPMorgan Chase CEO Jamie Dimon said at a New York conference that the bank could spend up to $20 billion on an acquisition in the coming years, though he emphasized organic growth remains the priority.
JPMorgan Chase CEO Jamie Dimon stated on May 28 at a financial conference in New York that the bank may spend 10 billion to 20 billion dollars to complete an acquisition in the coming years. Dimon emphasized that any potential acquisition targets must align with the bank's existing business operations and corporate culture, rather than operate independently. He also stated that organic growth remains the priority direction, and if organic growth lags, he does not want to hear discussions about mergers and acquisitions. If successful, this acquisition would be the largest transaction in Dimon's twenty years leading JPMorgan Chase. Following the announcement, JPMorgan Chase's stock price fell approximately 2 percent. Dimon also predicts that the bank's second quarter investment banking fees may rise more than 10 percent.
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