UK Windfall Tax on Domestic Banks Is Unfair, Dimon Says

By Bloomberg Television

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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says a so-called windfall tax on domestic banks in the UK is unfair and lacks principle. Dimon says it would raise the cost of capital and will have consequences. He speaks exclusively with Tom Mackenzie at JPMorgan's Tech Stars Conference in London. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/

Tags: Banking, JPMorgan Chase & Co, JPMorgan Chase & Co., Jamie Dimon, Tom Mackenzie, United Kingdom, United Kingdom Economy, windfall tax

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