‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation By Cointelegraph
[ad_1]
The CEO of JPMorgan Chase (NYSE:) — which recently took over failed First Republic Bank (OTC:) — believes there could be more pain ahead for United States banks if the Federal Reserve goes into crisis mode with overregulation.
In a Bloomberg television interview on May 11, JPMorgan Chase Chair and CEO Jamie Dimon said he believes it’s “going to get worse for banks” unless the Federal Reserve takes proactive measures beyond simply creating more regulations.
Continue Reading on Coin Telegraph
[ad_2]
Source link
The CEO of JPMorgan Chase (NYSE:) — which recently took over failed First Republic Bank (OTC:) — believes there could be more pain ahead for United States banks if the Federal Reserve goes into crisis mode with overregulation.
In a Bloomberg television interview on May 11, JPMorgan Chase Chair and CEO Jamie Dimon said he believes it’s “going to get worse for banks” unless the Federal Reserve takes proactive measures beyond simply creating more regulations.
Continue Reading on Coin Telegraph
About The Author
