
JP Morgan’s CRO on the bank’s six buckets of risk
Risk30: From loan losses to electromagnetic pulses, JPMorgan Chase has a place for it

This is the last of 10 interviews marking Risk’s 30th anniversary. Links to the rest of the series can be found here.
There are lots of things Ashley Bacon doesn’t want to talk about.
During the course of the interview, he declines to comment – or refuses to expand on a point – on nine separate occasions. Bacon explains that he needs to be cautious – which, as chief risk officer (CRO) of JPMorgan Chase, is probably part of the job description.
When he does speak, it’s worth listening. Like
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