# How JPMorgan won

An episode of [Unhedged](https://invisiblenetwork.ai/podcast/1691284824), 23 Jul 2026, 19 min.

Audio: https://sphinx.acast.com/p/open/s/6478a825654260001190a7cb/e/6a625dad562e3ad88605a224/media.mp3

JPMorgan has become by far the biggest bank in the US and one of the largest in the world. But how did it do it? Today on the show, Rob Armstrong and US banking editor Joshua Franklin talk about the incredible growth of JPMorgan over the past 20 years and ask what will happen when Jamie Dimon retires. Also they go short the Magnificent 7 and long power trips. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer. You can email Robert Armstrong and Katie Martin at unhedged@ft.com. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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