Jamie Dimon tells shareholders he expects the coronavirus to cause a 'bad recession' and 'financial stress similar to the global financial crisis,' at a minimum (JPM)

Business Insider

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· *Jamie Dimon's annual letter to JPMorgan shareholders was published Monday. *
· *In it, the bank's CEO addressed the coronavirus pandemic and the impact it could have on the US economy and JPMorgan. *
· *The bank has stopped buybacks, but has not asked for regulatory relief, Dimon said. *
· *Watch JPMorgan trade live...

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