What Does Brexit Mean for Dimon and JPMorgan?

The transcript discusses the implications of Brexit for businesses, particularly focusing on JP Morgan's earnings and the challenges faced by banks due to Brexit uncertainties. It highlights the need for strategic planning and adjustments in the banking sector, especially concerning euro clearing and passporting. The discussion also covers JP Morgan's cost management strategies, emphasizing the importance of controlling expenses in a challenging economic environment.

What challenges do American and Swiss bankers face in relation to Brexit?

How has JP Morgan managed its costs in the context of the current economic environment?