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JPMorgan CEO Jamie Dimon ‘Regrets’ China Joke

JPMorgan Chase CEO Jamie Dimon said on Wednesday that he regrets making a joke that the Wall Street institution would last longer than the Chinese Communist Party (CCP). Dimon made the quip during a Boston College series of CEO interviews on Tuesday. “We hope to be there for a long time,” he said. “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 are probably listening anyway.” In a statement issued by the largest U.S. bank, Dimon expressed his regret for the wisecrack. “I regret and should not have made that comment,” Dimon stated. “I was trying to emphasize the strength and longevity of our company.” A JPMorgan spokesperson added that the chief executive understood that he should “never speak lightly or disrespectfully about another country or …

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