Bill Winters Reflects On Career Decisions At J.P. Morgan And Standard Chartered

According to CNBC, Standard Chartered CEO Bill Winters reflected on the career choices that took him from an intended diplomatic path into banking at J.P. Morgan, including a move into the derivatives business despite limited experience. He said that when rare opportunities arise, he believes in taking the less conventional route, which he described as the “reckless path.” Winters also discussed his 26 years at J.P. Morgan, the global financial crisis, being fired by Jamie Dimon, his decision to join the U.K. Independent Commission on Banking, and his later return to mainstream banking to lead the turnaround of Standard Chartered.