Hi 👋 — Businesses need to meet customers where they are. Increasingly, that’s online. As Jamie Dimon notes in JP Morgan’s 2020 annual letter, adopting cloud computing and leveraging machine learning are fast becoming table stakes on Wall Street. This note looks at the firm’s annual letter with an eye towards competition from Silicon Valley and fintech. Thanks for reading.

Jamie Dimon is like a Caesar salad. Because they’re delicious, Caesar salads are on my always-order list. Similarly, because he’s a strong operator and has a ringside view of the US economy, Dimon, CEO of JP Morgan Chase, is on…

Kevin LaBuz

Finance at Indeed. Previously finance at Etsy and internet equity research at Deutsche Bank. Find me @kjlabuz.

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