Dimon Says Brexit Could Be Reversed as Europe Fixes Region
- EU leaders should address rational objections behind vote
- JPMorgan CEO says the market correction may become worse
Jamie Dimon: Not Too Late to 'Go Back on Brexit'
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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., said Brexit is unchartered territory and there would be nothing wrong in changing course.
Europe should address Britain’s “legitimate complaints” about labor rules, bureaucracy and regulation, Dimon said in an interview with Italian newspaper Il Sole-24 Ore. Policy makers should act swiftly to avoid a more complicated situation in a year or two, in which case the market correction would be worse, he said.