The Annotated Jamie Dimon: Notes on His Annual Letter

April 9, 2015 11:04 PM

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The Annotated Jamie Dimon: Notes on His Annual Letter

J.P. Morgan Chase & Co. released Jamie Dimon’s annual letter to shareholders Wednesday. And while it might not have the following of Warren Buffett’s annual letter, it certainly provides an inside view of the banking industry from the CEO of the U.S.’s biggest bank by assets.

In this year’s edition, Mr. Dimon blamed legal and regulatory costs for weighing on the firm’s share price but said he expects the firm’s legal costs to “normalize” in 2016. He said the bank still faces legal uncertainty, highlighting continuing foreign-exchange settlement negotiations, but added th...

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