I did an internet search on Chase CEO ‘Jamie Dimon’ the other day, and was intrigued by the results it threw up. They spanned everything from how cryptocurrencies are dangerous, to alleged links with Jeffrey Epstein — the late financier and convicted sex offender connected to everyone from Prince Andrew to Jes Staley, formerly at JPMorgan and ex-CEO of Barclays.
The search made me think about how much a bank CEO must deal with these days. Banks are collapsing — Credit Suisse, Silicon Valley Bank (SVB), Silvergate Bank and more. We are experiencing what I call a “crypto winter and fintech bloodbath”. Small and large banks are going under due to interest rates, and huge swathes of the global fintech ecosystem face a desert of funding. We are in hard times.