Jamie Dimon will on Monday seek to persuade investors in JPMorgan Chase that spending $2bn a week is necessary to drive the bank’s future growth, having previously told shareholders to “trust him” that the investment would pay off.
The largest US bank by assets will host analysts and investors at a slimmed down version of its traditional annual investor day, compressed into two hours of presentations after markets close.
The update comes two months after the bank unveiled higher than expected plans for spending in 2026, warning investors to brace for a 10 per cent increase to $105bn even as its domestic rivals presented more modest programmes.
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