Shares fell sharply Friday after the company said spending increased 14% in the fourth quarter and will climb by another 8% in 2022. But CEO Jamie Dimon said the investments in marketing, technology and talent are necessary to ward off threats from traditional banks and upstart fintechs.
Read the full article at: www.americanbanker.com
The post ‘We intend to win’: JPMorgan Chase’s Dimon defends spending surge appeared first on LendIt Fintech News.