Jamie Dimon Testy After Regulatory and Legal Fines Weigh On Earnings

JPMorgan Chase reported an earnings miss Wednesday due in large part to large fines and associated legal costs as the bank’s Chairman and CEO Jamie Dimon said “banks are under assault” and “we have five or six regulators coming at us on every issue.”

Dimon engaged in a testy conference call with analysts where he was repeatedly asked about a company breakup, a hot topic since rival Goldman Sachs suggested several days ago the math works.

Erika Najarian, an analyst from Bank of America Merrill Lynch, was the first to address the elephant in the room, asking the “B” breakup question using polite and diplomatic language.  “Perhaps you could remind...