- JPMorgan Chase launches Center for Geopolitics to advise clients on global risk
- CEO Jamie Dimon says the world faces its most
dangerous environment since WWII
- Focus includes AI, U.S.-China relations, Middle
East unrest, and Russia-Ukraine war
- Clients will receive regular strategic reports
and attend in-person and virtual events
- The centre draws on external advisors including
Condoleezza Rice and Tony Blair
- Dimon stresses link between economic and
military conflict in his 2024 shareholder letter
- CfG aims to provide clients with forward-looking
geopolitical analysis
- The initiative reflects bank’s belief that
geopolitical risk now rivals market risk
- First reports cover global rearmament and Middle
East tensions
JPMorgan Chase is placing a bold bet on geopolitics as the next great business risk – and opportunity.
The bank has launched the JPMorgan Chase Center for Geopolitics, a new client advisory platform aimed at helping corporate leaders navigate what CEO Jamie Dimon describes as the most perilous environment since the Second World War.
“In today’s world, business leaders must navigate rising global competition coupled with unprecedented interconnectedness, disruptive technological forces, persistent economic uncertainty and proliferating geopolitical crises,” Dimon said in a statement marking the center’s launch.
The initiative, he added, will provide “strategic vision, tested experience, and data-driven analysis” to help companies interpret global shifts, seize new opportunities, and manage growing threats – from diplomatic breakdowns to cyber warfare.
Led by Derek Chollet, a veteran U.S. foreign policy adviser who has served in senior roles across the State and Defense departments, the centre is designed to offer far more than surface-level summaries.
Its first series of reports tackle global rearmament, instability in the Middle East, and the drawn-out Russia-Ukraine war, including analysis of Iran’s potential nuclear ambitions.
“This isn’t a news digest,” Chollet wrote in his opening letter. “It’s a lens into the tectonic shifts reshaping our world.”
JPMorgan’s move to embed geopolitical risk advisory into its client offering marks a significant shift in how major financial institutions define value in an age of global disorder.
Dimon’s most recent shareholder letter sounded the alarm on issues ranging from terrorism to the possibility of economic warfare triggering military escalation.
“Security and economics are interconnected,” he warned, adding that the convergence of trade tensions, regional conflict, and technological disruption could destabilize markets with little warning.
The Center for Geopolitics – known internally as CfG – will offer both virtual and in-person events, strategic reports, and access to a global network of policy minds. Among them are former U.S. Secretary of State Condoleezza Rice, former British Prime Minister Tony Blair, and former Speaker of the House Paul Ryan.
Chollet has also pledged to integrate expertise from JPMorgan’s international council and internal teams, creating what the bank calls a “holistic” risk advisory model.
CfG’s launch reflects a deepening anxiety in the financial sector that traditional economic models can no longer fully account for the unpredictable forces shaping markets.
The rise of artificial intelligence, growing instability in U.S.-China relations, and the return of great-power conflict are challenging the assumptions that underpin global business.
“Our mission is to go beyond headlines and help decision-makers anticipate what comes next,” said Chollet. “It’s about the moves, countermoves, and signal flares that define the geopolitical chessboard.”