JPMorgan chief Dimon warns of 'ripple effects' from Middle East violence
© Reuters. FILE PHOTO: Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello/File PhotoThe deadliest attack on civilians in Israeli history on Saturday has led to a dramatic escalation of violence in the region.
The attack could prompt"an increase in antisemitism and Islamophobia around the globe", Dimon said, adding that the bank was working closely with the U.S. and international government agencies to guarantee the safety of its employees. Reuters reported earlier this week that JPMorgan told its more than 200 employees in Israel to work from home.
The bank is making an initial contribution of $1 million towards relief efforts and will be matching employees' donations, according to the memo.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston-area church group gets stranded in Middle East after war breaks out in IsraelThe tour company that was traveling with the church group said they were able to get out of the country safely and they're hoping to be back in Houston on Wednesday.
Read more »
WTI holds steady above mid-$84.00s, Middle East conflict continues to lend supportWest Texas Intermediary (WTI) Crude Oil prices edge higher during the Asian session on Wednesday, albeit lack follow-through amid easing concerns abou
Read more »
Israel and Palestine-tied Houstonians react to Middle East war: 'It was incredibly painful'There's been a wide spectrum of responses across the world in response to the Hamas attack in Israel. ABC13 spoke to people in Houston with ties to Israel and Palestine as they react to the aftermath with absolute horror and heartbreak.
Read more »
House Speaker battle looms in Congress as Middle East conflict tests unityPresident Biden's promise of support to Israel comes as the U.S. House of Representatives remains without a Speaker and largely handcuffed when it comes to passing legislation.
Read more »
Stocks Rise for Third Straight Day, Brushing Off Middle East FightingYields on 10-year Treasurys fall sharply as investors grow optimistic that Fed rate increases might be over
Read more »
Oil little changed as Middle East supply concerns fadeOil little changed as Middle East supply concerns fade
Read more »