Jamie Dimon says JPMorgan Chase would exit China if ordered to
Publishing timestamp: 2023-11-29 12:34:01
Summary
JPMorgan Chase CEO Jamie Dimon stated that if ordered by the U.S. government, the bank would exit China. Growing geopolitical tensions and the potential for conflict over Taiwan have raised concerns. Dimon acknowledges the complexity of relations with China but believes engagement with both China and the U.S. government is necessary. The bank advises Chinese clients and addresses security concerns related to TikTok.
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Keywords: breaking news: investing, breaking news: markets, banks, jamie dimon, jpmorgan drn, breaking news: politics, business news, china, investment strategy, breakingnewsglobal, foreign policy, politics,
Source: https://www.cnbc.com/2023/11/29/jamie-dimon-says-jpmorgan-chase-would-exit-china-if-ordered-to.html