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JPMorgan CEO says ‘it’s time to fight back’ on regulation By Reuters

by TheAdviserMagazine
11 months ago
in Stock Market
Reading Time: 1 min read
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JPMorgan CEO says ‘it’s time to fight back’ on regulation By Reuters
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By Tatiana Bautzer and Nupur Anand

NEW YORK (Reuters) – JPMorgan Chase (NYSE:) CEO Jamie Dimon blasted several major regulatory initiatives on capital rules, card payments and open banking at a conference on Monday.

Dimon said many banks are afraid to “fight with their regulators, because they would just come and punish you more,” he said. “It’s time to fight back.”



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