"The direct impact of a Greek default [on U.S. banks] is almost zero," Jamie Dimon (JPM) tells...

|By:, SA News Editor

"The direct impact of a Greek default [on U.S. banks] is almost zero," Jamie Dimon (JPM) tells CNBC (video), and while there are chances of a bad outcome in Europe, he is not concerned about unpleasant surprises in the region. The ECB's long-term refinancing operation in December took the "cascade problem" of bank liquidity off the table in Europe, according to Dimon.