Jamie Dimon says he could beat Trump during an election

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Jamie Dimon, President and CEO of JPMorgan Chase & Co., speaks at the Milken Institute Global Conference in Beverly Hills, California, USA on May 1, 2017. REUTERS / Mike Blake

Jamie Dimon, the longest-serving bank chief on Wall Street, said on Wednesday he thought he could beat President Trump in an offer for the White House because he was just as tough and "smarter than him." ".

The head of the bank made the remarks at a conference in New York, after reports of his ability to introduce himself to the team and began entrusting his daily tasks to other leaders from JPMorgan Chase. Dimon's contract with the bank ends in five years.

"I think I could beat Trump … because I'm as tough as he is … I'm smarter than he is," Dimon said.

However, the 62-year-old added that he was not sure he could convert the Liberals.

"I can not beat the liberal side of the Democratic Party," he said.

While Dimon has publicly stated that he will not run for president and that he is committed to running the bank for another five years. He then regretted making comments, issuing a statement shortly thereafter.

"I should not have said it, I do not show up for the president, that proves I would not be a good politician, I'm frustrated because I want all parties to come together to help resolve big problems ".

However, in a recent interview with the Financial Times this week, Dimon admitted there was some "truth" in reports that he was entrusting more of his daily tasks to two of his senior executives at JPMorgan Chase.

Dimon said his role in the company was more like a "coach" than a CEO now, when he was referring to JPMorgan's two co-chairs, Daniel Pinto and Gordon Smith.

Pinto and Smith were both co-chairs in January. Pinto is head of the corporate and investor bank, while Smith heads his consumer banking business.

Dimon told FT that the duo is like having two Tom Bradys on the football field.

"When you have Tom Bradys on the field, you allow them to be quarterback and you can be the coach," he said.

Smith, 60, said at the point of sale that Dimon had a non-micromanagement approach but that "if things do not go well, he will be grappling with this problem."

"[And] on you – trying to fix what does not work, "Smith said.

But Smith and Pinto are not the only ones to be potential successors. If Dimon decides to resign in 2023, CFO Marianne Lake is another favorite.

Since Dimon took office as CEO in late 2005, JPMorgan shares have more than doubled from $ 48.07 to $ 114.23. He also managed to lead the bank through the 2008 financial crisis relatively unscathed and seize other troubled banks, including Bear Stearns and Washington Mutual.

However, Dimon found himself plunged into a commercial debacle known as "The London Whale" in 2012. A trader nicknamed "London Whale" lost at least $ 6.2 billion to the bank and accused Dimon to make him the guy, but the charges against Dimon were dropped in 2017.