https://newsmax.com/finance/streettalk/jpmorgan-chase-ceo-dimon/2021/11/24/id/1046005/
JPMorgan Chase CEO Jamie Dimon apologized Wednesday for saying a day earlier that his financial institution would outlast China’s Communist Party.
"I regret and should not have made that comment," Dimon said. "I was trying to emphasize the strength and longevity of our company."
During an event at Boston College on Tuesday, Dimon was asked about doing business in China, Bloomberg reported.
"We hope to be there for a long time," Dimon said Tuesday, Bloomberg reported.
The CEO then relayed a joke he made during a recent visit to Hong Kong: "The Communist Party is celebrating its 100th year. So is JPMorgan. And I'll make you a bet we last longer.”
The Wall Street Journal watched a video of the recording and said Dimon added with a laugh: "I can’t say that in China. They probably are listening anyway."
JPMorgan Chase CEO Jamie Dimon apologized Wednesday for saying a day earlier that his financial institution would outlast China’s Communist Party.
"I regret and should not have made that comment," Dimon said. "I was trying to emphasize the strength and longevity of our company."
During an event at Boston College on Tuesday, Dimon was asked about doing business in China, Bloomberg reported.
"We hope to be there for a long time," Dimon said Tuesday, Bloomberg reported.
The CEO then relayed a joke he made during a recent visit to Hong Kong: "The Communist Party is celebrating its 100th year. So is JPMorgan. And I'll make you a bet we last longer.”
The Wall Street Journal watched a video of the recording and said Dimon added with a laugh: "I can’t say that in China. They probably are listening anyway."
