Jamie Dimon, chairman and chief executive of JP Morgan Chase, still believes the investment bank can make a 17% return on equity, despite facing new regulations and increased capital requirements.
Jason Goldberg, an analyst at Barclays Capital, said in a report this week that he had recently met the chief executive and that Dimon thought the investment bank could still maintain a return on equity of 17%, the same as in 2010 and 2011, despite the uncertainty over the new regulations such as Basel III and the Dodd-Frank act.