The bank CEO said in-person work is essential for innovation, management, and the development of young workers. But Gen Z is clinging to their couches.

CEO Jamie Dimon's time as top boss is winding down when his stature on Wall Street and in the nation's capital is arguably at an all-time high. Investors, as a result, may not be ready for the 69-year-old executive to exit the stage just yet.

Dimon's comments come less than a week after the U.S. and China announced that they were sharply reducing tariffs on one another for 90 days.