Tuesday, 18 August

Tuesday, 18 August2026

Bank Taxes Cost Jobs: JPMorgan CEO Warns UK Leadership

By TechShots Studio
Bank Taxes Cost Jobs: JPMorgan CEO Warns UK Leadership
JPMorgan Chase CEO Jamie Dimon cautioned UK leadership against imposing higher taxes or windfall levies on banks. Drawing parallels to declining financial jobs in New York due to high tax burdens, Dimon warned that hostile fiscal policy drives employment elsewhere, stressing that economic growth stems from good policy rather than aggressive industry taxation.

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