JPMorgan CEO Ramping Up Control Efforts

Wochit 0:29 mins

JPMorgan Chase & Co CEO Jamie Dimon said in a memo that the firm has increased its spending on control efforts by about $1 billion and added 3,000 employees this year alone to handle mounting legal, risk and compliance issues. Dimon also said he now personally meets with bank examiners "on a regular basis."

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