Jamie Dimon We are Holding Ourselves Back

first_img September 13, 2017 668 Views Jamie Dimon: Policies are holding us back from CNBC.,Jamie Dimon: We are Holding Ourselves Back Share JPMorgan Chase President and CEO Jamie Dimon had much to say on the state of the U.S. economy at the Delivering Alpha Conference in New York City, according to CNBC.Lending was the first talking point of Dimon’s interview, who debunked the myth that current economic policy hasn’t affected lending. “Absolutely untrue,” Dimon said. “Any small—any new small business owner has trouble getting a loan. Mortgage lending—I wrote about this, our economists did real work—because of the higher cost of mortgaging, the servicing legal requirements, and less availability, we think mortgage could be $2 trillion higher.”Dimon went on to say that even if that number were to be halfed to $1 trillion, that would add 10 percent to lending, and would contribute to growth, small business, middle-market, and even “rugs,” along with homebuilding, and new household formation.“You’re telling me we’re not holding ourselves back? The fact is, we are,” Dimon said. “I do think these things are policy issues,” he continued. “It’s not just the way it is.”Dimon recognized that Washington is a difficult place, and recommended that thought, analysis, policy, and collaboration was the best way to make progress in moving the industry forward. Consumer and business confidence is on the rise, but Dimon is of the opinion that the Administration should remain focused on the agenda it pitched at the start of its campaign.You can view the full interview above.center_img in Daily Dose, Featured, Headlines, News, Origination, Servicing Dimon Economic Outlook 2017-09-13 Joey Pizzolatolast_img read more

Fiji Airways Managing Director and CEO Andre Vil

Fiji Airways Managing Director and CEO Andre Vil

first_img Fiji Airways’ Managing Director and CEO, Andre Viljoen, said that the ‘Dine on the Ground’ service comes following research on food consumption, sleep patterns and passenger feedback. Nearly one-third of Australian travellers regularly skip in-flight meals, in preference for more sleep time.“As an airline, Fiji Airways is all about delivering the best customer experience…By moving the dining experience pre-flight, we’re not only able to offer a premium experience but we’re also able to reduce food waste, while maintaining our excellent in-flight catering,” Viljoen said.Onboard, guests will still have access to a light brunch or supper, such as fruit bowls, gourmet panini, fresh salads, international style tapas and soups. However, by dining pre-flight, onboard meals better reflect the time of day and allow guests more time for rest and relaxation. Go back to the e-newsletter Go back to the e-newsletter Want to be in the luxury travel know? Subscribe to our free eNewsletter here to keep up to date with everything in the luxury travel industry.center_img Fiji Airways is now offering premium passengers the opportunity to dine at the airline’s lounge before boarding their flight home. Dubbed ‘Dine on the Ground’, the two-pronged initiative aims to reduce inflight food wastage and enable passengers more time to rest in the air.Available on select routes out of Nadi International Airport, the new pre-flight “gourmet meal” service will be available for guests on a morning or late evening flight at Fiji Airways’ Premier Lounge.Prior to boarding, Business Class and Premier passengers will enjoy made-to-order breakfast items, a full bakery, fresh juices and barista-made coffee for breakfast, and signature dishes, cocktails, mocktails and a full service bar for dinner. Dine on the Ground FlightsThe luxury Dine on the Ground experience is now being served across the following flights out of Nadi:BrunchÀ la carte brunchNadi – ChristchurchNadi – Hong KongNadi – Wellington (mid-morning service)Nadi – Sydney (mid-morning service)Nadi – Brisbane (mid-morning service)Supper (flights over 6 hours):À la carte light dining, followed by a full breakfast.Nadi – Los AngelesNadi – San Franciscolast_img read more