Reuters reports JP Morgan (JPM) has "plenty of capital" nd wants governments to stop talking about nationalizing banks, its CEO said on Thursday. "JPMorgan would be fine if we stopped talking about (the) damn nationalization of banks ... we've got plenty of capital," Jamie Dimon said at the annual meeting of the World Economic Forum in Davos, Switzerland.
Underlining the bank's confidence, Dimon said JP Morgan had lent $150 bln in the last 90 days including $50 bln in the interbank market, also to European and British banks, but added: "It's scary because at the end of the day you have to survive." "I'm hoping by the end of the year we're coming out of the crisis," he told journalists.
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