Following the JPM Q2 report Dimon is speaking to CNBC

  • Growing economy will help lending
  • Higher rates from better economy will help bank
  • ‘Business as usual’ may take another year or so but must wait until after cap rules
  • Business lending isn’t too risky, SME lending is a little bit harder
  • Wells Fargo doing better than JPM on mortgages
  • Decline in refinancing is ok as long as economy improving