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Jamie Dimon warns of 'most dangerous time' amid Israel-Hamas war

Citi's Jane Fraser says CEOs less bullish on 2024 than a few months ago

JPMorgan CEO Jamie Dimon says the war in Ukraine and the attacks on Israel may have "far-reaching impacts on energy and food markets, global trade and geopolitical relationships."   © Reuters

NEW YORK -- Three major U.S. banks kicked off earnings season with quarterly profit growth while stressing the rising uncertainty posed by geopolitical and economic risks.

"The war in Ukraine compounded by last week's attacks on Israel may have far-reaching impacts on energy and food markets, global trade and geopolitical relationships. This may be the most dangerous time the world has seen in decades," JPMorgan Chase CEO Jamie Dimon said in the company's earnings statement on Friday.

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