JPM's Dimon Says U.K. Is Not Ready for No-Deal Brexit

The transcript discusses the challenges faced by global banks due to geopolitical changes, particularly focusing on Brexit. It highlights the need for banks to be nimble and prepared for unexpected risks. The potential impact of a no deal Brexit is examined, with concerns about its negative effects on the economy and financial markets. The discussion also touches on the future of London's financial center, suggesting it may diminish over time due to Brexit-related demands from other countries.

What are the anticipated consequences of a no-deal Brexit on global trade and investments?

In what ways could London's status as a financial center change post-Brexit?