Shares of most important bank in world fell in price after a joke about communism

The price of shares of the American bank JPMorgan Chase, recognized as the most important in the world, decreases before the start of bidding on November 24. The cost of securities on the exchange in New York falls about 0.5 percent to a mark of $ 167.51, after it was 168.28 dollars at the closure.

On the eve, the head of the bank Jamie Daimon joked that his organization was going to survive communism in China. The statement of Daimon was due to the fact that this year simultaneously celebrates the 100th anniversary of the Chinese Communist Party (PDA) and the work of JPMorgan Chase in the country.

“I can argue, we will hold longer,” said banker, adding that something like this in China could not pronounce that the Bank had branches in the largest cities – Beijing, Shanghai, Shenzhen and Guangzhou. According to Daimon, he is still interested in doing business in China and expand its presence in the country.

November 23, JPMorgan Chase was recognized as the most important bank for the global financial system. The appropriate assessment was given by the Financial Stability Council (FSB), which brings together representatives of the central banks of the participating countries G20.

/Media reports.