As one of the most powerful men on Wall Street, Jamie Dimon isn’t the type to scare easily. However, even JP Morgan’s heavyweight chief has admitted to looking over his shoulder at the revolution growing on America’s west coast.
“You’d be an idiot not to think that the Google and Apples… when I go to Silicon Valley… they all want to eat our lunch,” he recently told shareholders. “Every single one of them is going to try.”