In a memo to employees, Dimon cited a "deep desire for change" and a frustration with the economy among the electorate, which voted Republican candidate Donald Trump into office.

"We need to listen to those voices," Dimon wrote, calling on leaders across public, private and nonprofit sectors to come together.

JPMorgan will continue its own work on public policy issues and economic challenges globally, he said.

(Reporting by David Henry; Writing by Lauren Tara LaCapra; Editing by Lisa Von Ahn)