JPMorgan CEO Jamie Dimon has sold about $31.5 million worth of the bank’s shares, according to a regulatory filing.
Dimon had also offloaded some shares last year in his first such sale since taking over the top role in 2005.
It comes as the longstanding banking chief executive sounded an alarm over US President Donald Trump’s tariffs across the globe.
“A lot of this uncertainty is challenging that a little bit. So you’re going to be reading about this nonstop until hopefully these tariffs and trade wars settle down and go away so people can say, I can rely on America,” Dimon said in an interview with the Financial Times.
“We should be careful. I don’t think anyone should assume they have a divine right to success and therefore don’t worry about it,” Dimon said.
“When they announced the liberation day tariffs, they were dramatically different than people expected. Way off the table than what people expected. And that was shocking to the system. The global system, not just in the United States,” he added.
