JPMorgan CEO warns of capital flight if UK imposes new bank taxes

JPMorgan CEO Jamie Dimon has expressed significant caution regarding current equity valuations, particularly in the U.S., citing systemic risks and geopolitical instability. Concurrently, Dimon has warned the UK government that proposed bank tax increases could trigger capital flight and jeopardize major investment projects, including JPMorgan's £3bn London headquarters. These statements indicate a cautious institutional outlook on global markets and a strong corporate sensitivity to fiscal policy shifts.