DIMON ADMITS: Breaking The Law ‘Is A Problem At JP Morgan

 

Following the rules is not easy for Jamie.

Dimon warns more sanctions are coming for JPMorgan.

Jamie Dimon warns that JPMorgan, which is under regulatory orders to tighten internal controls, will face more sanctions in the coming months.  Dimon comments on the London Whale, criminal investigations into activities at the bank, illegal foreclosures, money laundering and the threat of cyber attack.

 

Here’s why Jamie is warning shareholders:

NYT: JPMorgan Faces Multiple Criminal Investigations

 

 

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