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Jamie Dimon: Why JPMorgan is really like Netflix

JPMorgan CEO says the bank ‘has a lot of subscription-like businesses’ and wants to convince the market his earnings aren’t volatile

Jamie Dimon: Why JPMorgan is really like Netflix
Photo: Getty Images

JPMorgan Chase CEO Jamie Dimon thinks investors ought to view his bank more like Netflix.

“We have a lot of subscription-like businesses,” Dimon told FN's sister title Barron’s in a recent interview. “The volatility of our results is very low over time — surprisingly in businesses like fixed-income trading, where a large chunk of the revenues are consistent year to year.”

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