In this interview, Jamie Dimon, the CEO of J. P. Morgan Chase (JPMC), discusses the challenges of postmerger integration, dealing with risk, and the traits of successful leaders.

Dimon also discusses the $58 billion acquisition of Bank One, in 2004, and, more broadly, the advantages of very large companies, noting that JPMC's "size and scale allow us to find ways to deliver those products better, faster, quicker, and cheaper to the customer."

As for risk, Dimon believes the key is to recognize that the market will change and that "the only thing that is unpredictable is the timing."

On the subject of leadership, Dimon feels that fostering the exchange of ideas is crucial to getting the most from employees: "If you don't create an open environment you will fail."

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