Jamie Dimon was not apologizing for both stepping in to by First Republic, or for the scale of JP Morgan.

“We want giant, profitable banks within the largest and most affluent economic system on the earth,” Dimon informed reporters Monday. “Now we have capabilities to assist our purchasers, who occur to be cities, colleges, states, hospitals, and governments. We financial institution nations. We financial institution the [International Monetary Fund]. We financial institution the World Financial institution. You want giant profitable banks. And anybody who thinks it’d be good for the US of America to not have that ought to name me straight.”

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