JPMorgan CEO says its ‘time to fight back’ against regulations, Reuters says
The Fly

JPMorgan CEO says its ‘time to fight back’ against regulations, Reuters says

JPMorgan (JPM) Chase CEO Jamie Dimon has criticized several major U.S. financial regulatory initiatives and intends to oppose those he believes would not make banks safer, Tatiana Bautzer and Nupur Anand of Reuters reports. Dimon criticized what he called overlapping or ill-conceived rules on capital requirements, card payments, and open banking. “It’s time to fight back,” Dimon said at a conference, according to Reuters

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App