Jamie Dimon, in comments cited by Bloomberg News at the weekend, told a conference on 9 October that he doesn’t expect normality to return until the summer of 2021.
The JPMorgan chief executive said that it will take that long before there is any chance that his bank’s offices will be fully staffed due to local rules, a lack of a vaccine and the personal preferences of his workforce. JPMorgan Chase is still looking to reach between 15% and 25% of capacity at this point, he said.