11/08/2010 09:51 am ET Updated May 25, 2011

Simon Johnson: Why Banks Are Becoming 'Too Global To Fail'

This June, Dimon returned from a two-week visit to China, India, and Russia, and announced an even more aggressive expansion. Senior executives were ordered to look beyond Western Europe--where most of JP Morgan's foreign investment banking is focused--and seek opportunities in emerging markets.

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