JPMorgan Chase & Co.
JPM,
-0.78%
CEO Jamie Dimon advised an viewers he made a joke about his financial institution outlasting the Communist Get together whereas in Hong Kong, in accordance with a video seen by The Wall Avenue Journal. “I used to be simply in Hong Kong and I made a joke that the Communist Get together is celebrating its hundredth yr. So is JPMorgan. I might make you a wager we last more,” Dimon stated within the video. “I can not say that in China. They most likely are listening anyway,” he stated whereas laughing, the newspaper reported on Wednesday. Dimon recalled the second in response to an viewers query about doing enterprise in China at an occasion Tuesday at Boston School. Chinese language Overseas Ministry spokesman Zhao Lijian sidestepped a query about Dimon’s remarks at a every day information convention in Beijing and dismissed media reviews of it as an try to attract readers. “I remorse and shouldn’t have made that remark,” Dimon stated Wednesday. “I used to be making an attempt to emphasise the energy and longevity of our firm.” Dimon traveled to Hong Kong final week. The financial institution has 4,000 workers there.

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