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How the JPMorgan Board Built a Risk Culture
Episode 55 of Boardroom Conversations with Fexingo dives into how JPMorgan Chase's board has institutionalized a risk culture that helped the bank navigate the 2008 crisis, the London Whale fiasco, and the 2023 regional banking turmoil. Lucas and Luna unpack the board's role in shaping the 'Lindy effect' of Jamie Dimon's leadership, the specific governance changes post-London Whale, and why the board's focus on 'defensive growth' sets JPMorgan apart from peers. With concrete examples from the bank's 2024 stress test results and the board's…
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