JPMorgan CEO Dimon on Didi Debacle, May Think Twice About China Deals

By: Fox Business

August 3, 2021

 

JPMorgan Chase CEO Jamie Dimon told FOX Business on Tuesday that he might make business decisions in China differently based on the Didi Global IPO, shares of which plunged after the government in Beijing launched a regulatory campaign against the ride-sharing giant.

 

When asked about how much money his firm, which underwrote the Uber of China IPO, lost during an interview with FOX Business’ Maria Bartiromo, Dimon shrugged off the situation as “life in the fast lane.”

 

The full interview with Dimon will air during ‘Mornings With Maria’ on FOX Business Wednesday.Dimon, however, said he “might” be swayed by the situation when considering doing work on the next big deal in China.

 

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