In this special live episode, Nicolai Tangen sits down with Jamie Dimon, Chairman and CEO of JPMorgan Chase, at NBIM’s Investment Conference in Oslo. With 20 years at the helm of one of the world’s leading financial institutions, Dimon shares first-hand insights into what it takes to build a winning corporate culture. The conversation spans everything from global markets to the biggest challenges ahead, including geopolitics, private credit, cybersecurity and AI. This is a unique opportunity to hear one of the most influential voices in global finance reflect on leadership, resilience, and the forces shaping the global economy. In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don&#x27;t miss our Highlight episodes every Friday. The production team for this episode includes Isabelle Karlsson and PLAN-B&#x27;s Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Karoline Woie. Watch the episode on YouTube: Norges Bank Investment Management - YouTube Want to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no) Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedIn Follow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedIn Follow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.

Live podcast with Jamie Dimon, CEO JPMorgan Chase: Corporate culture, risk and the global economy

In Good Company with Nicolai Tangen

# Full Transcript

**Podcast:** In Good Company with Nicolai Tangen

## Transcript

[SPEAKER_A] Hi everyone, I'm Nicolai Tangen, the CEO of the Norwegian sovereign wealth fund. Today I'm in really good company because I'm here with the one and only Jamie Dimon. He runs the largest bank in the world, 20 years at the helm, and his annual shareholder letters are mandatory reading for everybody in the financial sector. We recorded this live on stage at our investment conference in Oslo. We are proud investors in JPMorgan. Jamie, welcome to In Good Company.

[SPEAKER_B] JPMorgan's origins trace back to 1799 From a water line to a company founded to supply water to a growing New York City, it quickly evolved into a bank and shaped its lasting legacy. Over the next 2 centuries, it grew alongside the economy, financing railroads, supporting industry, and expanding with global trade. But its role became most visible in moments of crisis. In 1907, as panic spread through the financial system, JPMorgan helped organize a response, stabilizing markets, at a critical moment and exposing the need for a central bank. Through the Great Depression, it endured one of the most severe economic downturns in modern history. In 2000, the merger of JPMorgan and Chase Manhattan created a new kind of institution, and in 2008, it stepped into the center of the crisis, acquiring Bear Stearns and Washington Mutual. Built on generations of decisions and culture, today JPMorgan Chase stands among the largest and most influential financial institutions in the world.

[SPEAKER_A] Welcome.

[SPEAKER_C] You're there.

[SPEAKER_A] Well, warm welcome. Warm welcome. When we look at these pictures showing the history, the first question has to be, what is the culture that has made you able to be so successful now after 200 years?

[SPEAKER_C] [Speaker:JAMIE DIMON] First of all, welcome, everybody. Thrilled to be here. He is persistent, by the way. When he asked me about, could I come in 2025, I said I can't. He said, what about this date in 2026? So here I am. But I am thrilled to be here. It's wonderful. Cultures are— my whole life, I was always cautious about when you talk about culture, because you could say all the words a lot of companies say— employees, customers— and they don't mean it. So the real way you develop a culture is you're just driving it. With grit and courage, like every meeting, everything you do, every trip you make, every person you hire, every person you fire, that it really is about doing the right thing for the customer eventually. Obviously, do they got to take care of your employee? A lot of cultures on Wall Street, as you know, it was about money. How much money can someone make? And some of the things in Wall Street are built on their compensation schemes. Serve a client scheme. And so I've just been relentless. When we first did the JPMorgan Bank One merger in 2004, I had a book of how we do business. And Bill Harrison, who was the chairman at the time, s...

Live podcast with Jamie Dimon, CEO JPMorgan Chase: Corporate culture, risk and the global economy

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Live podcast with Jamie Dimon, CEO JPMorgan Chase: Corporate culture, risk and the global economy

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.