J.P. Morgan chief executive Jamie Dimon issued a statement of apology soon after publicly saying that the American bank would outlast the Chinese Communist Party.
Earlier this week, J.P. Morgan’s Jamie Dimon spoke at the Boston College Chief Executives Club where he shared a joke about how the American bank would outlast China’s ruling party which is celebrating its 100th year since establishment.
«I regret and should not have made that comment,» Dimon said yesterday in a statement from the bank. «I was trying to emphasize the strength and longevity of our company.»
History of Regret
Dimon has a history of making regrettable comments before following up with apologies.
In 2017, he called bitcoin a «fraud» before saying that he regretted making the comment in 2018, adding that blockchain technology was «real». Also in 2018, Dimon vowed that he could beat Donald Trump at a presidential election because he was smarter than the president, only to issue a statement hours later once again expressing regret over the comment.
«I regret my recent comment because it’s never right to joke about or denigrate any group of people, whether it’s a country, its leadership, or any part of a society and culture,» Dimon added on the recent China gaffe. «Speaking in that way can take away from constructive and thoughtful dialogue in society, which is needed now more than ever.»
