Jamie Dimon was right. Speaking at a televised session during the World Economic Forum in Davos last year, the JPMorgan Chase & Co. chief executive officer predicted that the condemnation of bankers was far from over.
This year, Dimon returns to the Swiss Alpine resort with no public appearances scheduled as head of a bank that agreed to pay more than $23 billion in the past 12 months in fines and settlements. He’ll be joined by the leaders of other Western lenders that have been beset by record legal costs, fresh allegations of wrongdoing and lower profits.
