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JPMorgan’s Dimon sees recent banking turmoil boosting recession odds, CNN says

In his first interview since the troubles of Silicon Valley Bank (SIVB) became public, JPMorgan Chase (JPM) CEO Jamie Dimon, told CNN’s Poppy Harlow that despite the U.S. banking system being sound and strong, the current drama troubling the financial system is "another weight on the scale" leaning in the recession direction, Nicole Goodkind of CNN writes. "We are seeing people reduce lending a little bit, cut back a little bit and pull back a little bit, Dimon said, according to the CNN story, Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan, Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link

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