#B20SouthAfrica summit : Win-win Growth: Smarter Rules, More Investment in EMDEs
This panel explores how smarter global rules and stronger investment flows can support growth in emerging markets and ...
President, Jpmorgan Chase
Search every verified Daniel Pinto interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Daniel Pinto, President of JPMorgan Chase, has been discussing the outlook for the U.S. economy, credit markets, and artificial intelligence (AI) valuations. In November 2025, speaking at the Bloomberg Africa Business Summit, Pinto stated that while the U.S. economy is likely to slow down, he does not expect a recession. He noted that inflation remains resilient and that the Federal Reserve may cut interest rates. Regarding AI, Pinto said that while JPMorgan is deploying large language models across its workforce to improve productivity, the technology is still in its early stages. He warned that the amount of capacity being created by AI companies may not be matched by revenue, stating, "It's likely... there is probably a correction there," which he said could also affect the broader S&P 500 and other industries. Pinto has also commented on private credit, expressing concern about direct lending to small businesses, an area he said "hasn't been tested through a downturn cycle." He described the U.S. economy as being in a "good place" but noted that inflation and geopolitics could derail optimism. Pinto is transitioning from his day-to-day role at JPMorgan, having been with the company for 43 years, and has said he will continue to advise CEO Jamie Dimon and the board on strategic issues. He has also expressed a positive view on Africa, noting JPMorgan's expanding presence in the region, and commented on Argentina's economic reforms under President Javier Milei, stating that while the economic front has improved, the political challenge of creating alliances for structural reforms remains.
“In our company and any other company that wants to be successful going forward, you have to have in your strategy how you're going to deal with inclusion, how you're going to deal with sustainability and how you can in the environment that we are. You're going to do that in a way that is commercial that you understand...”
“We at JPMorgan in 2020 decided to create what we call the development financial institution which is essentially to measure the impact of what we do and what some of our clients do. Last year we deployed $129 billion of capital — equities, lending, derivatives and bonds — into sustainable impact projects in emerging ma...”
“The price of capital is the price of capital — you can get not the one that you think you can get and you never do. To work in that way and adding to that what we are doing in affordable housing, what we are doing in supporting small business, it all creates a base for this agenda to progress.”
“I think regulation plays a big role and we need to be careful how we think about it. What you want is capital rules related to these types of investments that are the real reflection of risk and not multiples of that reflection of risk that reduce the amount of capital available — we don't want to go way to the other s...”
“There is enough capital in the world. The issue is to position that capital in a way that either risk can be acceptable at the right pricing in commercial terms and each of the components are being done in a way that we maximize the impact of all that capital — public and private.”
“I think the report does a great job in pointing out what the solutions are needed and how needs to be executed. But when you have a problem the first thing you need to do is to help yourself — countries themselves need to improve the rule of law, enforceability of contracts, create an environment for business that is m...”
“I think that one thing that ones want to keep an eye on is how much over capacity is being created and how all these companies, how much revenues they are going to get to compensate to pay for that capacity.”
“There is probably a correction there, and that correction will also create a correction in the rest of the segments in the S&P and in the industry.”
“To justify these valuations you are considering a level of productivity that may happen, but it may not happen as fast as the market is pricing.”
“So we are very positive about Africa. So we have a presence in sub-Saharan Africa in five places, including now a new office in Kenya, in Ivory Coast. We are upgrading our license in Nigeria.”
“Markets are relatively efficient on pricing the risk. So if unfortunately, when you look at the dynamics in the continent, they may improve, but at the moment, so that is maybe justified.”
“Very clearly energy needs is transforming and requires a lot of capital to continue to do so. Infrastructure, transport is and other ports, airports, all those areas need investment and it will create opportunity.”
“This country, 40 plus percent unemployment, big informal economy, 60% youth unemployment. So as you continue reform in these countries, then the creation of jobs will be necessary and they will happen.”
“All the situation with tariffs and relations between the U.S. and many countries, all regions around the world at some point is going to stabilize. Tariffs will be set a certain level. Trade agreements will be in place.”
“I think that the fundamentals are good. These countries are growing. Lower interest rates are helpful. The weaker dollar in some way or the other helps, too.”
This panel explores how smarter global rules and stronger investment flows can support growth in emerging markets and ...
El vicepresidente de JPMorgan, Daniel Pinto, se une al coro de ejecutivos de Wall Street preocupados por la posibilidad de que ...
JPMorgan Chase Vice Chairman Daniel Pinto shares insights on global capital flows and Africa's role in emerging markets with ...
Valuations in the booming AI industry are due for a reassessment, according to JPMorgan Chase & Co. Vice Chairman Daniel ...
JPMorgan President Daniel Pinto discusses the state of credit markets, the US economy and the outlook for AI stock valuations. "One thing that you want to keep an eye on is how much capacity is being created and how all these companies, how much revenue they are going to get to compensate to pay for that capacity. It's likely, I don't know the probability, but it's possible, there is probably a correction there," Pinto says during a conversation with Bloomberg News Deputy Editor-in-Chief Reto Gregori at the inaugural Bloomberg Africa Business Summit in Johannesburg. -------- More on Bloomber…
JPMorgan Chase & Co. President Daniel Pinto discusses the state of the US economy as Donald Trump's new administration takes office. He also discusses mergers and acquisitions, inflation in the US and how geopolitics could derail optimism. He speaks on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. 00:00 - Daniel Pinto on stepping down, retiring, succession 01:35 - JPM's Pinto on M&A 02:20 - JPMorgan's Daniel Pinto on US economy, interest rates 03:53 - Pinto on inflation, Trump policies, geopolitics and impacts on optimism 06:06 - JPM's Pinto on banki…
JPMorgan Chase Chief Operating Officer Daniel Pinto says inflation and geopolitics could derail optimism in financial markets. At the same time, Pinto says the US economy is in a good place. When it comes to US small businesses, Pinto says private credit’s financing of small businesses warrants attention, given the booming industry has yet to experience the fallout from an economic deterioration. “There is a lot of direct lending going into the smaller side of middle markets,” he said in an interview with Bloomberg Television at the World Economic Forum in Davos on Wednesday. “How these funds…
JPMorganChase President Daniel Pinto discusses US inflation derailing economic optimism and competing with private credit, in Davos with Bloomberg's Jonathan Ferro and Lisa Abramowicz. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders. Listen to more Bloomberg Talks: • Bloomber…
JPMorgan President and COO Daniel Pinto discusses the US economy, geopolitics and the outlook for headcount. He speaks on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness
Apr.23 -- JPMorgan Chase Co-President Daniel Pinto had one of the best seats in the house for the short-lived Super League of European soccer. His firm bankrolled the breakaway project, only to see it collapse days later amid widespread condemnation. In this interview, Pinto, who normally stays out of the spotlight, discusses the rationale for financing the league, explains why he remains bullish about the firm’s performance, considers risks that could derail momentum in the markets, and details how his bank is adapting to more flexible work. He spoke exclusively with Francine Lacqua on Bloomb…
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