Jamie Dimon says AI will reshape banking jobs as JPMorgan explores $20 bn takeover opportunities

For years, JPMorgan Chase CEO Jamie Dimon has built America’s biggest bank through expansion, cautious bets and crisis-era deals. However, the Wall Street veteran says he is ready to make another big move if the right opportunity comes along.

Dimon while speaking at financial conference in New York on Wednesday said, JPMorgan could spend as much as $20 billion on an acquisition over the next few years. “I do think there might be opportunities, and so we are on the lookout,” Dimon told analysts. “There might be, in the next couple years, a chance to put $10 [billion] or $20 billion to work buying something,” he added.