Bankers' Fears and Facts: Dimon's Warning Shot Jamie Dimon's meeting with John Healey has sent shockwaves through the City of London, but what does it really mean for the UK's economic future?
Behind closed doors, the JP Morgan chief executive is cautioning the new chancellor against raising taxes on banks. This isn't a surprise move from Dimon – he's been lobbying against higher levies for years.
Britain's banking sector has seen significant profits in recent years, with the UK's four largest lenders generating £200bn in pre tax earnings over five years.