News Snapshot:
Jamie Dimon , the CEO of JP Morgan Chase & Co., walked backed Wednesday remarks he made joking that his Wall Street bank would outlast the Chinese Communist Party (CCP). “I regret and should not have made that comment. I was trying to emphasize the strength and longevity of our company,” Dimon said in a statement. While speaking at Boston College on Tuesday, Dimon remarked: “I made a joke the other day that the Communist Party is celebrating its 100th year – so is JPMorgan. I’d make a bet that we last longer.” “I can’t say that in China. They...
