JPMorgan boss Dimon defends disclosures in Whale episode

JPMorgan Chase chief executive Jamie Dimon, who won a strong vote of confidence from shareholders last month, has defended the disclosures the bank made last year about its unfolding London Whale derivatives loss.

“We did everything that we thought was the right thing to do,” Dimon said in response to a question about the episode at an investor conference in New York.

via Business feed http://www.scmp.com/business/banking-finance/article/1258999/jpmorgan-boss-dimon-defends-disclosures-whale-episode