Latest banking crisis will be felt for years JPMorgan Chase CEO

NEWYORK, United States, April 4 – While the current banking crisis isn’t like 2008, it “is not yet over” and will be felt for years to come, JPMorgan Chase Chief Executive Jamie Dimon said Tuesday. Dimon, who has in coordination with Washington officials shaped the financial industry’s response to the crisis, said recent bank failures “have significantly changed the market’s expectations … the stock market is down and the market’s odds of a recession have increased,” he wrote in his annual shareholder letter. “And while this is nothing like 2008, it is not clear when this current crisis will end.”…