New Delhi, April 7 -- JPMorgan Chase CEO Jamie Dimon has urged a renewed commitment to core American values as the bank navigates rising geopolitical tensions, economic uncertainty, and the industry-wide impact of artificial intelligence.

In his annual shareholder letter released on Monday, Dimon pointed to the 250th anniversary of the United States, saying it presents "the perfect time" to rededicate the principles that shaped the nation, which include freedom, liberty and opportunity.

"The challenges we all face are significant. The list is long but at the top are the terrible ongoing war and violence in Ukraine, the current war in Iran and the broader hostilities in the Middle East, terrorist activity and growing geopolitical tension...