JPMorgan Chase CEO Jamie Dimon wished Elon Musk the best with DOGE and said he'd "love to be helpful" with the government efficiency effort.

JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric vehicle

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

The financial giant has disgruntled workforce and has a potential unionization on its hands as it forces staff into the office five days a week.

Kena Betancur -VIEWpress / Getty Images U.S. stock futures are pointing higher ahead of a closely watched inflation report; JPMorgan Chase ... Tesla (TSLA) CEO Elon Musk over his purchase of ...

Dimon reiterated that he remains cautious about global deficit spending, the potential for persistent inflation and geopolitical issues.

JPMorgan Chase, the biggest bank in the U.S., employs about 5,000 people at operations centers and branches in the San Antonio area

“Elon and I hugged it out,” Dimon said. “He came to one of our conferences. He and I had a nice, long chat. We settled some of our differences.”

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

JPMorgan Chase's dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but their boss is striking a more cautious tone.

Donald Trump will talk to Fox News’ Sean Hannity tonight for his first sit-down interview since his inauguration. A clip of their conversation includes a moment when Trump muses that it’s “sad” that former President Joe Biden did not pardon himself.