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Jamie Dimon says JPMorgan Chase should absolutely be ‘scared s—less’ about fintech threat



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Jamie Dimon, CEO of JP Morgan ChaseDavid A. Grogan | CNBCJPMorgan Chase CEO Jamie Dimon has watched while a new breed of fintech players, led by PayPal, Square and tech giants, have exponentially grown their users and market caps.His message to the management team of his $3.4 trillion banking goliath: Be frightened.”Absolutely, we should be scared s—less about that,” Dimon said Friday in a conference call with analysts. “We have plenty of resources, a lot of very smart people. We’ve just got to get quicker, better, faster. … As you look at what we’ve done, you’d say we’ve done a good …

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