Jamie Dimon Warns JPMorgan Will Reconsider New London HQ If UK Turns 'Hostile' To Banks: 'If That Happens Too Much, We Will...'

JPMorgan Chase CEO Jamie Dimon warned that the bank could reconsider its multibillion-dollar London headquarters expansion if the UK becomes hostile to banks through higher taxes and stricter regulations. Dimon noted JPMorgan has already paid roughly $10 billion in extra UK taxes over time. The warning comes amid political uncertainty in the UK following Labour's recent electoral losses.