JPMorgan Warns Investors of Climate Change Business Risks

The transcript discusses key highlights from JP Morgan's Investor Day, focusing on CEO Jamie Dimon's plans for aggressive acquisitions and the introduction of climate change as a risk factor in their annual report. It also covers the protests against JP Morgan's environmental policies and their efforts in green financing. The challenges of implementing these strategies are also addressed.

What significant change did Jamie Dimon announce at the Investor Day?

• An aggressive approach to new acquisitions

• A shift towards digital banking

• A focus on reducing bank branches

• A plan to increase interest rates

What new risk factor did JP Morgan include in their annual report?

• Cybersecurity threats

• Climate change

• Political instability

• Economic recession

Why did Michelle have to enter JP Morgan through the back door?

• Because of a VIP event

• To avoid media attention

• Because of environmental protests

• Due to a security drill

How much is JP Morgan investing in green and social financing?

• $200 billion

• $150 billion

• $100 billion

• $250 billion

What recent action did JP Morgan take regarding their financing strategy?

• Reduced interest rates for green projects

• Expanded loans to oil companies

• Restricted financing to Arctic and coal companies

• Increased funding for coal companies