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Evening Standard
Evening Standard
Business
Jonathan Prynn

JP Morgan boss and BoE warn on risk of stock market slump

JP Morgan Bank of England Jamie Dimon FPC
JP Morgan chief Jamie Dimon has added to warnings over possible AI shares crash - (AFP via Getty Images)

The Bank of England has warned about a “dotcom” style burst in the AI bubble that has sent share prices around the world soaring to record levels.

Officials at the Bank’s Financial Policy Committee (FPC) made comparisons with the boom in ‘dotcom’ stocks in the early days of the Internet in the late Nineties.

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