New Bank Rules Will ‘Stifle Economic Growth’: JPMorgan CEO

New international bank capital standards are excessive and may impede economic growth, JPMorgan Chase (JPM) Chief Executive Jamie Dimon warned on Tuesday. “It will stifle economic growth and I already believe it is,” said Dimon, who was speaking at the annual spring meeting of the Council of Institutional Investors. – Reuters

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.