JPMorgan CEO Jamie Dimon asserts investors are downplaying global risks and will avoid purchasing stocks or long‑term bonds at current levels.
He warns market prices remain excessively high despite solid bank profits.
The bank also faces risk of pulling its £3 billion UK investment if the UK government proceeds with a potential bank assessment.
Dimon has reiterated concerns over policy making strains and reduced investment activity in risk markets.
The alerts come as JPMorgan’s latest financial report shows robust earnings.