Dimon Says AI Will Make Banking Better and Tougher

It’s all about the consumer and artificial intelligence, even on a day when five big banks were tracking record-setting earnings . During JPMorganChase ’s second-quarter earnings call Tuesday (July 14), executives described spending patterns and credit performance that continued to exceed expectations despite elevated interest rates. Chief Financial Officer Jeremy Barnum said consumer spending was “robust across income segments,” supported in part by tax refunds, while delinquencies came in “a l