Dimon seeks to sell JPMorgan investors on $2bn-a-week costs bill
Financial Times
February 23, 2026
AI-Generated Deep Dive Summary
Jamie Dimon, the long-time CEO of JPMorgan Chase, will present his spending plans to investors at a streamlined event on Monday. This comes as part of an effort to address concerns about rising costs and justify the bank's $2 billion weekly expenses. Dimon is expected to outline how this significant investment will drive growth and maintain JPMorgan's competitive edge in the financial sector.
The presentation marks a shift from previous investor days, which were more elaborate. By slimming down the format, Dimon aims to focus on key strategic priorities without unnecessary distractions. This move reflects both cost-conscious decision-making and a desire to communicate clearly with stakeholders about where the bank is allocating its resources.
For business readers, this matters because it offers insights into how one of the world's largest banks balances growth initiatives with operational efficiency. Dimon's spending plans highlight JPMorgan's strategic investments in areas like technology, talent acquisition, and risk management—critical factors for maintaining its leadership in the global financial markets. Understanding these priorities can help investors assess the bank's long-term value and resilience in a competitive landscape.
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Originally published on Financial Times on 2/23/2026