How a Jamie Dimon Joke About China Could Cost JPMorgan More Than $20 Billion

Jamie Dimon's quick apology may not be enough.

Nov 25, 2021

∙ Paid

At the head of JPMorgan since 2004, Jamie Dimon is one of the few billionaire CEOs in the banking world. Not that other American or foreign bank bosses are to be pitied, but Jamie Dimon is an exception. His success at the head of JPMorgan is recognized by all specialists. His move to unload $12 billion of subprime mortgages in 2006 buffered his bank aga…

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