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HomeFinance"It'll worsen for banks" - JPMorgan CEO on over-regulation

“It’ll worsen for banks” – JPMorgan CEO on over-regulation

By Forex Crypto Zone

12 May 2023

The CEO of JPMorgan Chase (NYSE:) – who not too long ago took over failed Financial institution of the First Republic (OTC:) – thinks US banks may have a more durable time if the Federal Reserve goes into disaster mode with over-regulation.

In a Bloomberg tv interview On Could 11, JPMorgan Chase Chairman and CEO Jamie Dimon stated he believed the scenario “goes to worsen for the banks” except the Federal Reserve takes proactive motion past merely creating new laws.

Jamie Dimon talking on Bloomberg Surveillance. Supply: Bloomberg

Proceed studying on Coin Telegraph

See also JPMorgan Chase enters generative AI race with IndexGPT model

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