JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk, once adversaries in a prolonged legal battle, have settled their differences, the banker told CNBC in an interview on Wednesday. "Elon and I have hugged it out,

“Elon and I hugged it out,” Dimon said. “He came to one of our conferences. He and I had a nice, long chat. We settled some of our differences.”

Jamie Dimon agreed Wednesday with an analyst's assessment that his "base case" for stepping down as JPMorgan Chase CEO is a few years from now.

America’s biggest bank plans to launch a digital retail lender in Germany, Europe’s biggest economy but one with a notoriously unprofitable banking sector.

Investing.com -- JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon expressed concerns over the elevated valuations in the U.S. stock market, citing broader risks like deficit spending, inflation, and geopolitical uncertainties.

Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.