Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023.
REUTERS/Marco Bello/File Photo Acquire Licensing RightsOct 12 (Reuters) - The conflict in the Middle East will have "ripple effects that extend far beyond the region", JPMorgan Chase's (JPM.N) CEO Jamie Dimon warned in an internal memo to employees seen by Reuters.
The deadliest attack on civilians in Israeli history on Saturday has led to a dramatic escalation of violence in the region.
Reuters reported earlier this week that JPMorgan told its more than 200 employees in Israel to work from home.
The bank is making an initial contribution of $1 million towards relief efforts and will be matching employees' donations, according to the memo.
Persons:
Jamie Dimon, Marco Bello, Dimon, Niket, Shilpi Majumdar
Organizations:
JPMorgan Chase &, Reuters, REUTERS, JPMorgan Chase's, Kan, U.S, JPMorgan, American, Thomson
Locations:
Miami , Florida, U.S, Gaza, Israel, Bengaluru