{
  "id": 1456785,
  "title": "JP Morgan boss issues bank tax warning to John Healey",
  "url": "https://urgent.news/2026/08/17/jp-morgan-boss-issues-bank-tax-warning-to-john-healey",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T08:35:04.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/jp-morgan-boss-issues-bank-tax-warning-to-john-healey/"
  },
  "original_language": "en",
  "account": "Jamie Dimon, the CEO of JP Morgan, met with Chancellor John Healey to discuss the importance of \"getting public policy right\" as a way to tackle economic issues. The meeting took place at the behest of Chancellor's team and has been reported by City AM. This conversation is part of a series of discussions between industry leaders and Healey ahead of the Budget, which is scheduled for October 28. The financial services sector has entered a defensive mode in anticipation of the Budget, as activists and left-wing politicians are pushing for higher taxes on the industry. Dimon warned that higher taxes could lead to the loss of jobs, referencing a decline in finance roles in New York due to the tax burden. He also mentioned that JP Morgan would withdraw a £3bn investment if the government proved to be \"hostile\" to banks. The Chancellor's office declined to comment on the meeting, and JP Morgan did not provide a response as well.",
  "summary": "The boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon, who has led Wall Street’s biggest bank since 2006, held a call with Healey on Thursday where the bank chief emphasised “getting public policy right” as crucial [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}