JPMorgan CEO Jamie Dimon on Wednesday defended the company's work with TikTok.
Dimon was speaking at the New York Times DealBook conference.
He said JPMorgan wouldn't work with clients "doing things that we think are truly bad."
AdvertisementAt the New York Times DealBook conference on Wednesday, host Andrew Ross Sorkin asked JPMorgan CEO Jamie Dimon why the company works with TikTok owner ByteDance, a company that some people believe is effectively an arm of the Chinese government and therefore a national security risk.
"If some of those people are doing things that we think are truly bad, we would not bank them," he added.
Persons:
Jamie Dimon, Dimon, —, Andrew Ross Sorkin, ByteDance, Nope
Organizations:
New York Times, JPMorgan wouldn't, Service
Locations:
China, American