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JPMorgan is likely to outlast China’s Communist Party: Dimon

JPMorgan Chase & Co chief executive officer Jamie Dimon quipped that his bank is likely to outlast China’s Communist Party, while reiterating his company’s commitment to doing business in the country.

“The Communist Party is celebrating its 100th year -- so is JPMorgan,” Dimon said on Tuesday (Wednesday AEDT) at a panel discussion at the Boston College Chief Executives Club. “I’d make a bet we last longer.”

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    Original URL: https://www.afr.com/world/asia/jpmorgan-is-likely-to-outlast-china-s-communist-party-dimon-20211124-p59bkt