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JPMorgan CEO Jamie Dimon called the bank's acquisition of fintech Frank a 'huge mistake' after being grilled about it on an earnings call

Por: Business Insider Business January 13, 2023

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One of the fiercest critics of JPMorgan's heavy spending came out swinging on Friday, demanding to know who is responsible for the bank's bungled acquisition of financial advice website Frank — and whether it's a signal of more trouble to come. Who's accountable when an investment doesn't go right, like the Frank deal or another deal or some of the other $81 billion that you expect to spend this year?, Mike Mayo, a... + full article



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