US bank CEOs say they could exit China if it ever attacks Taiwan | CNN Business

JPMorgan (JPM) CEO Jamie Dimon, Citi (C) CEO Jane Fraser, and Bank of America (BAC) CEO Brian Moynihan were all pressed on the subject Wednesday by US Congressman Blaine Luetkemeyer, from Missouri, in a Capitol Hill hearing.”We’ll follow [the] government’s guidance, which has been for decades to work with China, and if they change that position, we’ll immediately change it, as we did in Russia,” said Moynihan, citing the corporate response to Russia’s invasion of Ukraine.Dimon said JPMorgan would “absolutely salute and follow whatever the American government says — which is you all — and what you want us to do.”Asked what she would do if the decision was

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

BREAKING: After 6 months in business, celebrity chef Traci Des Jardins abruptly closes Los Altos restaurant

El Alto, which opened March 24 in the State Street Market, featured Cal-Mex creations by chefs Traci Des Jardins and...

Man injured in downtown San Jose shooting

SAN JOSE — Police are looking for the suspect in a non-fatal shooting Saturday morning that left a man injured. Officers responded around 10:33...

Hundreds take part in San Francisco Bay charity swim to support cancer research

SAN FRANCISCO, CALIFORNIA – SEPTEMBER 24: Swimmers prepare to participate in the Swim Across America San Francisco open at Little...