JPMorgan CEO Jamie Dimon blasts draft US bank capital rules
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2023-09-12 02:32
JPMorgan CEO Jamie Dimon blasts draft US bank capital rules
Jamie Dimon, chairman of the board and CEO of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., Feb 8, 2023. REUTERS/Marco Bello NEW YORK  -JPMorgan Chase CEO Jamie Dimon blasted stricter capital rules proposed by U.S. regulators, telling investors on Monday that they could prompt lenders to pull back and stymie economic growth. The proposal to require banks to set aside more capital to guard against risk was 'hugely disappointing' and involved a 'lack of transparency' from regulators about the rationale, Dimon said at a conference in New York.

https://business.inquirer.net/420572/jpmorgan-ceo-jamie-dimon-blasts-draft-us-bank-capital-rules

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